stagflation
(en)
(stagnation + inflation) when inflation is high, the economic growth rate slows, and unemployment remains steadily high
The late 1960s and the early 1970s were not just the times of oil crisis and stagflation
He goes through the whole US hegemony story in about a page (cites Yanis Varoufakis too)
notable
7 years, 2 months ago