Stagflation News

Stagflation is possibly the worst peacetime economic condition in which nations may find themselves. During such dreary times, inflation usually rises quickly while the economy is either stagnant or in recession. At such times, more people are pushed into poverty…

Inflation is currently bullying many countries including giant economies like Canada, the US, China, and the UK. A recent CNBC report noted that inflation in the US rose by more than 8.3% in April compared to last year. Moreover, the…