Mon 4 May 2020
Carter introduced stagflation; Will Obama give us stagpression?
As of this writing, the term “stagpression” gathers only 145 hits on Google. However, as time goes by, we may be seeing more and more of this term. Although Jimmy Carter did not invent “stagflation”, he certainly introduced the term into the world financial vocabulary. I was living in Brazil at the time and found […]