the main issue of stagflation

was essentially two problems

Unemployment and Inflation

Whichi s where stagflation comes from

Economy STAGnates and high inFLATION rates.

Yeah ik

Ye

And at the time

I see

Everyone thought they were mutually exclusive

High inflation meant low unemployment

High umemployment meant low inflation

But both happened at the same time

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So any policies meant to address either

Made the other situations worse

Interesting

Simple solutoon then

Handle the indirect causes

Of inflation

And unemployment

Which was what reaganomics did

Trickle down?

No

Bad meme word

Supply side

Economics

Reaganomics was simple

address inflation by reducing gov spending

It worked didnt it

That didnt necessarily improve economy

Nvm

Address unemployment by

Reducing regulation

Btrb

It did improve the economy actually

🤔

Critics of it point to rising inequality though

Rising inequality

Resulting from?