
Stagflation Alarm: Economists Worry About War's Impact
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Economists warn of stagflation due to Iran war, high gas prices, and Feds dilemma. Local experts in central North Carolina see concerns but arent panicking. The last stagflation hit in the 1970s was caused by oil shocks, loose money policies, and price controls. Today, the U.S. is more energy independent, reducing vulnerability to shocks.
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