Stagflation was a term that was developed in the 1970s to refer to a time when inflation is we have both high inflation and high unemployment; and so we're in that situation apparently again.

这种现象有个名字，叫做滞胀,滞胀是一个在二十世纪七十年代,发展出来的术语,指的是通货膨胀中的一段时间;,我们同时有高的通货膨胀和高的失业率；

耶鲁公开课 - 金融市场课程节选