June 21, 2022

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What is Stagflation vs Recession?

Transcript: Easan Arulanantham: What is stagflation? Versus a recession? Tom Vaughan: Okay, start with recession, maybe it’s easier to kind of go. A recession is a contraction in the economy. And it’s defined by two quarters of gross domestic product so that they measure the overall economic growth under something called GDP gross domestic product.

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