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Ardent Listener
Administrator


USA
4841 Posts

Posted - 05/01/2011 :  15:40:28  Show Profile Send Ardent Listener a Private Message
Stagflation. Itís Back.

April 28, 2011 4:41 P.M.
By Larry Kudlow

Stagflation officially returned today with a nasty GDP report that showed only 1.8 percent real growth, but 3.8 percent for the consumer spending deflator. Itís a mini version of the 1970s: low growth, higher inflation............

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Think positive.
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