Some may call it stagflation

Maxed Out Mama has post titled “NFIB And The Rest” where she continues her very accessible take on economics.

So we have rising price trends, poor profit trends (somewhat mitigated by higher prices out of necessity), poor sales trends, and remarkably poor employment trends. Some may call this stagflation; that is the most positive possible way to describe the situation.

Read the whole thing.

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Posted on June 14, 2011, in economical. Bookmark the permalink. Leave a comment.

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