Economics 101 is dead
Economists have already coined the term "stagflation" - an economic state of no growth (stagnation) and elevated inflation - but we still have to come up with a nomenclature for the current growth/inflation dynamics around the globe.

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Read more: EconomicFedGFCNAIRUBureau of Labor StatisticsOECDOxford EconomicsPhilip LoweYellen
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