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slumpflation
/ slʌmpˈfleɪʃən /
noun
- a situation in which economic depression is combined with increasing inflation
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Word History and Origins
Origin of slumpflation1
C20: blend of slump + inflation
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Example Sentences
Do we go from slumpflation to stagflation?
Today, inflation and recession have become overlapping phases of a cycle—to which economists have given such cacophonous names as "stagflation," "slumpflation," "infession" and "inflump."
The $16 billion in rebates and tax credits might be too weak to jolt the economy out of its alarming slumpflation; in that case, the nation could suffer a prolonged agony of unemployment rates higher than any since before World War II.
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