Hacker News new | ask | show | jobs
by awaythrower 2272 days ago
Stagflation ahead.

https://www.cnbc.com/2020/03/19/what-comes-after-coronavirus...

Get ready for 'stagflation'

https://youtu.be/6psKnT5a4Gg

Also, the US unemployment numbers are highly-politicized and manipulated. For one, they fail to account for the labor force participation rate, livable wages, employment hours desired vs. actual, having to work multiple jobs while being unable to save, or not/having healthcare.

1 comments

I hope not. I remember stagflation from the Carter-era, it was a pretty dismal time.