It’s unlikely that the United States will suffer from inflation and unemployment as high as they were in the 1970s, but the conditions are ripe, says Bloomberg Opinion’s Tyler Cowen. FAIRFAX COUNTY, Virgina: Might this be the year that stagflation returns to the United States? It has been half a century: The last time the US economy had both excessively high inflation and unduly high unemployment was in the mid-1970s, with inflation rates reaching 12.2 per cent in 1974 and unemployment at 8.5

Tag-uri: Inflatie