With so much emphasis being placed on the state of the American financial system on information channels and at eating tables across the nation, it is important to understand what specific financial terms imply. One such economic time period that is mentioned repeatedly is stagflation.” However, very little know what this term imply. Put merely, stagflation is an economic condition by which inflation and financial stagnation are occurring on the same time and have remained unchecked for a big time frame. In short, stagflation is when inflation is excessive at the same time unemployment is excessive.
This is great. You have explained about all economies and painted proper picture of India. Still there are individuals who do not believe in the strength of Indian financial system and keep themselves engaged solely with western economic system. Perhaps they are residing within the idiot’s heaven. It is price mention that India has … Read more