Game between the Phoenix Suns and the Utah Jazz on Fri October 6th 2017 at 6:00pm MST at Vivint Smart Home Arena Salt Lake City, UT. Game between the Utah Jazz and the Phoenix Suns on Mon October 9th 2017 at 7:00pm MST at Talking Stick Resort Arena Phoenix, AZ.
Definition of Stagflation. Stagflation is an economic cycle in which there is a high rate of both inflation and stagnation. Inflation occurs when the general level of prices in an economy increases. Stagnation occurs when the production of goods and services in an economy slows down or even starts to decline.
That's stagflation. Stagflation in the United States only occurred during the 1970s. The federal government manipulated its currency to spur economic growth. At the same time, it restricted supply with wage-price controls. In 2004, Zimbabwe's policies caused stagflation. The government printed so much money it went beyond stagflation and turned into hyperinflation. Stagflation in the 1970s. Stagflation got its name during the 1973 - 1975 recession.