Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it?

High inflation and slow growth present a double threat, as measures like interest rate cuts and government spending only aggravate inflation.

Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it?
High inflation and slow growth present a double threat, as measures like interest rate cuts and government spending only aggravate inflation.