Scenarios about 'stagflation'
The economic phenomenon characterized by simultaneous high inflation and economic stagnation, including high unemployment and slow economic growth. Stagflation became particularly prominent in the 1970s, challenging the prevailing Keynesian economic theories that suggested inflation and unemployment typically moved in opposite directions. In alternate history scenarios, different approaches to monetary policy, oil crises, or economic structures might prevent or exacerbate stagflation periods, significantly altering global economic development.
What If Stagflation Never Occurred?
Exploring the alternate timeline where the economic phenomenon of stagflation never materialized in the 1970s, potentially reshaping global economic policy, monetary theory, and political developments for decades to come.
What If The Great Inflation of The 1970s Never Happened?
Exploring the alternate timeline where the United States and global economies avoided the devastating inflation of the 1970s, potentially reshaping economic policy, politics, and social development for decades to come.
What If The Oil Crisis of 1979 Never Occurred?
Exploring the alternate timeline where the 1979 oil crisis never happened, potentially transforming global energy politics, economic development, and technological innovation in the late 20th century.