What are the risks of a stagflation scenario as observed in the 1970's?
What are the risks of a stagflation scenario as observed in the 1970's? · What are the common factors, comparing today to the 1970s? · The current environment differs from the 1970s in several ways - what are they? · What are the risk factors to consider in today's economic environment? · Why we believe ultimately that a sustained period of stagflation is unlikely now.