America is being haunted by a 1970s bogeyman known as stagflation. Here’s how big the threat is.
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Original source
In the 1970s, soaring inflation — along with misguided efforts by Washington, D.C., to control it — wreaked havoc on the economy. In just under a decade, from 1973 to 1982, the U.S. suffered three severe recessions.
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Original article published by MarketWatch on March 24, 2026. Analysis and insights provided by AnalystMarkets AI.