## Stagflation: When the Economy is in Double Trouble
**TL;DR** Stagflation occurs when the economy experiences high inflation along with negative growth and rising unemployment—a combination that makes it difficult for the government to control it because solutions to one problem may worsen the other.
## From Oil to Digital Money: Stagflation Hits the Market
In 1973, the world experienced an energy shock. The oil embargo from OPEC caused commodity prices to soar drastically. Western countries like the US and the UK then cut interest rates to stimulate growth. This strategy sounded reasonable,
**TL;DR** Stagflation occurs when the economy experiences high inflation along with negative growth and rising unemployment—a combination that makes it difficult for the government to control it because solutions to one problem may worsen the other.
## From Oil to Digital Money: Stagflation Hits the Market
In 1973, the world experienced an energy shock. The oil embargo from OPEC caused commodity prices to soar drastically. Western countries like the US and the UK then cut interest rates to stimulate growth. This strategy sounded reasonable,
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