What is Stagflation? The Economic Storm Affecting Your Wallet Hosted by Laycee KluinJune 26, 2024 ShareLink copied to clipboard. Play video for What is Stagflation? The Economic Storm Affecting Your WalletDetailsGuestsStagflation is a combination of high unemployment combined with slow (or stagnant) economic growth. The slow economic growth is defined as a period of negative growth in a country’s gross domestic product (GDP). What makes stagflation such a thorny problem is that for stagflation to exist inflation also has to be rising. This creates a condition where demand for goods and services weakens which in turn makes it difficult for businesses to hire workers. And that’s why stagflation is usually the precursor to a recession.In this video, we'll look at the relationship between inflation and stagflation and why you can't have one without the other. We'll also visit the history of this term and also how it affects your personal finances including your investments. Learn More About StagflationLaycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by Laycee KluinJune 26, 2024 ShareLink copied to clipboard. Play video for What is Stagflation? The Economic Storm Affecting Your WalletDetailsGuestsStagflation is a combination of high unemployment combined with slow (or stagnant) economic growth. The slow economic growth is defined as a period of negative growth in a country’s gross domestic product (GDP). What makes stagflation such a thorny problem is that for stagflation to exist inflation also has to be rising. This creates a condition where demand for goods and services weakens which in turn makes it difficult for businesses to hire workers. And that’s why stagflation is usually the precursor to a recession.In this video, we'll look at the relationship between inflation and stagflation and why you can't have one without the other. We'll also visit the history of this term and also how it affects your personal finances including your investments. Learn More About StagflationLaycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeat[Action Required] Claim Your FREE IRS Loophole GuideThis shouldn't surprise anyone who's been paying attention, but... Pres. Trump may be about to unleash the ...Colonial Metals | Sponsored8 Retail Stocks to Own For the Long HaulAfter the 2020 e-commerce boom, everyone thought we had taken a 10-year leap in online shopping. Amazon was op...MarketBeatGet Your Bank Account “Fed Invasion” Ready with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | Sponsored7 Small Caps Poised for Big Gains in 2025 After two years of double-digit gains, 2025 has been a different story for stocks. But beneath the surface,...MarketBeatAltucher: Turn $900 into $108,000 in just 12 months?We are entering the final Trump Bump of our lives. But the biggest returns will not be in the stock market.Paradigm Press | Sponsored7 Tech Stocks That Still Offer Good Value for 2025Technology stocks continue to outperform most of the other market sectors. And, even though many investors may...MarketBeat