Mes: abril 2025

Understanding Stagflation: An Economic ConundrumStagflation is a complex economic phenomenon that combines two usually opposing conditions: stagnation and inflation. While typical economic models suggest that inflation and unemployment have an inverse relationship, stagflation defies this by simultaneously showcasing high inflation rates alongside elevated unemployment levels and stagnant demand. This particular scenario poses significant challenges for policymakers and economists alike, as the tools used to combat inflation can exacerbate unemployment and vice versa.The Origins of StagflationThe term "stagflation" was first popularized in the 1970s during a period when the global economy faced unprecedented challenges. The convergence of these economic conditions was…