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Stock investors always worry about inflation and they also worry about recession. However, their worse fear is a combination of the two economic conditions known as stagflation.
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December 19, 2007 at 8:28 am
(1) Alfred Chew :

I think stagflation will be inevitable in any economy. It is a cycle which we will need to go through.

In every economy, we have the inflation, then the growth, the overspending and uncontrolled finance policy, the deflation, the recession and finally the stagnation. Stagnation will self correct after a while but it depends on the severity.

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