In the 60's. years. 20th century was introduced to the use of the term "stagflation" (ie relatively young), which was used by the British Parliament to refer to a mixture of negative factors - high unemployment and inflation, and stagnation in the economy. Stagflation was mentioned in the 70's. years. in America on the negative economy, which grew by an oil crisis.
In the middle of last year's financial system began to talk about the threat of global stagflation. While trying to reassure the public, the difference from the 70's. are more and more. So Eduardo P., International Expert economy, believes that as the power of the developed countries are now much more than 40 years ago, the "absorption" of inflation will not cause serious damage to the economy. However, it is believed that with the next wave of the crisis, which is inevitable, will come and stagflation. The culprit of this is the U.S. Federal Reserve - along with a decrease in refinancing, which was done in the first wave of the crisis, it has initiated the process of exporting the "hot" money in Asia and Latin America.
Refenansirovaniya rate change for a quarter per cent, which was adopted in the first wave of the crisis, has not changed since December 2008, however, MacKinnon R. believes that the solution of the problem can be found. According to the scientist, the FSS must declare incremental rate increases, somewhere, at 2%. All of which should go under the heading specific program in order to avoid to reduce the probability of losses in the inter-bank lending. To all, scientists believe that these matters will be put forward for consideration in the debate between 20yu countries very soon. But, even though the methods and ways to overcome the economic crisis in Europe, while the U.S. does not change the refinancing rate, currency market players will continue to use the "hot" money.
The situation is somewhat better about Russia, but Russian experts of a different opinion. The fact is that Russia as an oil exporter, could be a winner, it's off even economists West. However, according to I. Nikolaev, Russian ruble may fall in value, if there is a change in the economic conditions and the decline in energy prices. Moreover, Nikolaev sure that there is a 90% chance that the second period of crisis can touch and Russia. Because Russia needs to be prepared for such an eventuality.