stagflation
An economic phenomenon where stagnation and rising prices embrace, deeply etching frown lines on economists' foreheads. Companies gasp under the double whammy of cost-cutting and profit-seeking, while consumers turn daily shopping into a sorrowful ritual. Governments frantically roll out ineffective policies, grasping at the illusion of a cure-all. A nightmarish economy that simultaneously serves the opposite of prosperity and inflation with zero perks.