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The Economy, StupidAuthor: ABC
Formerly The Money, The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making headlines and how they might affect you. Language: en Genres: Business News, News, Society & Culture Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Stagflation is about to push unemployment higher: here's what to expect
Wednesday, 25 March, 2026
What happens when the economy stops playing by the rules?We’re taught that inflation and unemployment move like a seesaw, one goes up, the other goes down. But sometimes the seesaw snaps. Prices climb and people lose jobs at the same time. It happened dramatically in the 1970s, and with oil prices surging again and global tensions rising people are whispering the word Stagnation once more. Guests: Professor Bob Gregory, one of Australia’s most influential economists, who watched the original outbreak of stagflation unfold and later sat on the Reserve Bank board during another era of economic upheaval.Gareth Hutchens, ABC business and economics reporter who has spent years examining how these big economic shocks ripple through everyday life.
