Has America entered into a dreaded stagflation?

Discussion in 'Economy' started by iamwhatiseem, Jun 8, 2012.

  1. iamwhatiseem
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    iamwhatiseem Gold Member

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    By it's definition I would say yes. I think a lot of folks agree.

     
  2. Ariux
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    Ariux BANNED

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    Stagflation is caused by the government trying to "stimulate" (spend/print money) an economy out of recession. The government devalues the money without addressing the cause of the recession.
     
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  3. iamwhatiseem
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    iamwhatiseem Gold Member

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    So I take it you agree with the article that we are entering into the stagflationary abyss?
     
  4. Nova78
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    Nova78 Silver Member

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    We have entered into the Obamaflation abyss of a failed presidents bullshit policies, this Country is in deep shit....:9:

    $what-change-looks-like.jpg

    $c6a56632b9414fa18f481635d4963e9b-300x196.jpg

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  5. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    at this point there is no inflation to speak of. Houses are down 35 % for example.
     
  6. TakeAStepBack
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    TakeAStepBack Gold Member

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    No inflation? The money supply has increased over 9 trillion dollars in 11 years. Name a time in our history that matches up.
     
  7. Flopper
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    Flopper Gold Member

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    The inflation rate currently stands at 2.3%, lowest point this year and the average for the last 10 years is 2.6%. The highest rate was in 2008 at 3.85% and the lowest in 2009 was -.34% Please explain why you think we are entering a period of stagflation with inflation rates so low and the rates trending downward. The last stagflation in the US was in 1980 with inflation reaching 13.58% and unemployment at 7.5%.

    http://inflationdata.com/inflation/inflation_rate/historicalinflation.aspx
     
  8. Flopper
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    Flopper Gold Member

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    The inflation rate currently stands at 2.3%, lowest point this year and the average for the last 10 years is 2.6%. The highest rate was in 2008 at 3.85% and the lowest in 2009 was -.34% Please explain why you think we are entering a period of stagflation with inflation rates so low and the rates trending downward. The last stagflation in the US was in 1980 with inflation reaching 13.58% and unemployment at 7.5%.

    http://inflationdata.com/inflation/inflation_rate/historicalinflation.aspx
     
  9. TakeAStepBack
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    TakeAStepBack Gold Member

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    Price increase is a result of inflation, which is really increases in the money supply. Welcome to econ 95
     
  10. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    So, maybe it's not stagflation but just stagnation. Still not good, and eventually all that extra money will result in inflation.
     

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