You may have heard the term stagflation tossed around a lot lately. However what does it indicate? Generally, it's an economic condition that consists of two things: a stagnant economy and quickly rising costs, aka inflation. To go further in depth on stagflation, enjoy this video to learn how it occurs and how it can potentially be resolved.
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Stagflation Explained | #shorts
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Rapid elimination of low energy costs caused this current situation.