Stag-Flation: Blame the Federal Reserve
Stagflation hasn’t been experienced in the US since 1970, but the combination of rising inflation and a slowing economy is evident. Economist predict stagflation is happening again and see this as a huge contributer to the rising number of foreclosures.
For more information on stagflation visit:
Stagflation in the 1970s
Murmurs of stagflation hint at challenge for Fed
Bernanke’s Stagflation Proclamation
Tags: consumer information, Federal Reserve, housing market, housing prices, stagflation
