Stagflation, or conditions in which costs are rising but growth is not, last was seen in the 1970s, before then-Fed Chair Paul Volcker had to push the economy into recession to slay the inflation dragon.
Now, with a variety of factors coming together to show inflationary-deflationary cross currents, Wall Street is bracing for another battle.
http://www.infowars.com/stagflation-wall-streets-latest-dirty-word/
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