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 Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again ...Paradigm Press | Sponsored15 Healthcare Stocks that Analysts Love in a Post-Pandemic WorldThere are more than 200 healthcare companies traded on public markets. Given the sheer number of pharmaceutica...MarketBeatCollect $7k per month from Tesla’s SECRET dividendTesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...Investors Alley | Sponsored7 Stocks That Hold Appeal for Aggressive InvestorsIn times of market volatility, many investors sell stocks as part of a flight to safety. There's logic to this...MarketBeat#1 Crypto of 2025Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | Sponsored13 Stocks With Strong Institutional BuyingHedge funds, university endowments, pension funds, and sovereign wealth funds have been pouring money into an ...MarketBeat