The Anti-Concepts of Money: Stagflation
If you’ve read the Inflation essay from this Anti-Concepts of Money Series we can now discuss the Anti-Concept of Stagflation. The Anti-Concept of Stagflation Stagflation. This is a curious term. Wikipedia’s definition has the tell-tale signs of an anti-concept: “In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the […]