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Moody's Talks - Inside Economics

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Are We Heading Towards Stag Flation?

The misery index is a combination of the unemploye rate and inflation. It's just a way of measuring pain for consumers. Right now we have high inflation, but very low, oneploent, strong economy. So that's why i was surprised. Your hearing about stagflation a lot. But by definition, stag flation's high unemployment and high inflation.

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