There are still situations in which it is difficult to define with appropriate words. So, we refer to this situation as stagflation, reflecting the case where there was a similar phenomenon in the past. Even if the situation was similar in the past, it is not exactly the same.
Perhaps it will develop into another form.
Inflation, Great Inflation, Stagflation, and other forms will be named.
However, regardless of the word used to describe this situation, there is something in common. In any case, someone can turn this threat into an opportunity, or even overcome it.
We don't know exactly what Stagflation in 2022 will create, but we do know that it must bring big changes.
And, as always, this is also people-centered, made by people, and overcomes by people.
At the heart of what we do is always human as you and me. Don't be swayed, keep your identity.
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