I would be interested in reading RA's discussion of the stagflation of the 70's.
From the economist.com
Many economists are worried about the return of stagflation, not just inflation.
From the economist.com
That, in turn, caused actual inflation to fall, ending a period of stagflation.
From the businessweek.com
In this case, it is certainly the prospect of stagflation in the United States.
From the newsweek.com
Stagflation is the combination of a shrinking or stagnant economy with inflation.
From the businessweek.com
This factor, along with adjustments in monetary policies, helped end stagflation.
From the en.wikipedia.org
That situation, where growth slows while inflation soars, is known as stagflation.
From the businessweek.com
The porkalooza is a recipe not for recovery, but for Carter-style stagflation.
From the washingtontimes.com
That confidence was later shattered by stagflation and rising budget deficits.
From the economist.com
More examples
A period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)
(stagflationary) characteristic of or promoting stagflation
In economics, the term stagflation refers to the situation when both the inflation rate and the unemployment rate are high. ...
Inflation accompanied by stagnant growth, unemployment or recession
The combination of high inflation and slow economic growth
An economic downturn characterized by the simultaneous existence of stagnation and persistent and intractable inflation. In the light of conventional economic theory, the condition of stagnation is puzzling since each of the above two conditions (i.e. ...
A period in which inflation is abnormally high and output is less than the natural rate of output.
The combination of high or increasing inflation with high or increasing unemployment (stagnation). Said to be due to Iain Macleod, who later would become Britain's Chancellor of the Exchequer, in a speech to Parliament in 1965.
The coexistence of high rates of unemployment with high, and sometimes rising, rates of inflation.