It is too early to say whether the classical stagflation situation will develop or not, but it is certainly clear that modern economies like India and China have the inbuilt capacity to ward off such events.from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-market-fairly-valued-nowchallenge-is-to-maintain-economic-growth-momentumreduce-inflation-joseph-thomasemkay-wealth_16183001.html
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