stagflation

The 1970s oil shock produced stagflation, combining high inflation with stagnant economic growth.20世纪70年代的石油危机导致了滞胀，将高通胀与经济增长停滞结合在了一起。

Policymakers face a dilemma when combating stagflation, since standard remedies address only one problem.政策制定者在对抗滞胀时面临困境，因为标准的救治方法只能解决一个问题。