The last one is stagflation. What we lived through at the end of the 70s. The factors listed above compete against each other, causing swings in economic activity. The Federal Reserve continues to print money to try to stabilize the economy, which raises inflation. The result is high nominal GDP growth, but flat to maybe negative real GDP growth due to inflation. And the divide between the haves and have nots widens even further. (01:15–01:22)
CLAIM
Asserts that the Federal Reserve's money printing efforts to stabilize the economy are causing inflation.
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