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What is Stagflation? Is Australia heading there?
The world's economies are battling with increased demand and higher energy prices at the same time global supply chains are severely disrupted. There are fears that the conditions are similar to stagflation of the 1970s.
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By [email protected] (ABC News)The world's economies are battling with increased demand and higher energy prices at the same time global supply chains are severely disrupted. There are fears that the conditions are similar to stagflation of the 1970s.