Stagflation: Inflation And High Unemployment Threaten Economy
There is a dangerous condition that may be taken hold of the economy - its called Stagflation. Stagflation represents the worst conditions in the following economic characteristics: High prices; low employement (high unemployment); and low economic growth. Some economists fear that this toxic combination is already here. So how can we fix it? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to examine if there is a remedy to overcome this condition of stagflation within the economy.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.