What is stagflation? What does stagflation mean? Is stagflation coming? These are some of the questions many Germans have been looking up on Google over the past few days. The sudden interest in a rather extreme economic phenomenon has been fanned by some recent investor and analyst commentaries that have flagged stagflation concerns, citing faltering economic growth and a steep rise in energy prices. According to Google Trends data, the interest in the economic event has been trending at its highest level since the 2008-09 global financial crisis. It’s no different in other major economies, including the US which is also seeing a steep rise in prices. People in the United Kingdom are seemingly most worried, with interest in the term trending at an all-time high, spooked by long lines at gas stations over the past weeks which offered a grim reminder of the stagflation p …
