Stephen Roach delivers stagflation warning, calls peak inflation debate absurd

CNBC Television published this video item, entitled “Stephen Roach delivers stagflation warning, calls peak inflation debate absurd” – below is their description.

Former Morgan Stanley Asia Chairman Stephen Roach on what credit is saying about the state of the markets. With CNBC’s Melissa Lee and the Fast Money traders, Karen Finerman, Dan Nathan, Tim Seymour and Bonawyn Eison.

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About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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