Stagflation is in the Air
Posted in banking, business, economy, government, jobs, politics, tagged Afghanistan, bank, dollar, federal reserve, inflation, Iraq, liquidity, mortgage, stagflation, Stiglitz, stimulus, war on March 4, 2008 | 1 Comment »
The United States economy has steadily lost steam and appears to be stalled. Prices have shot upwards at the fastest pace in thirty years. Energy prices further threaten the equilibrium of an already shaky national platform along with unprecedented spending on the Iraq and Afghanistan fronts.
The Fed doesn’t readily admit it, but the United States [...]
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