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The 70's Look: Stagflation

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Published at: www.nytimes.com

Nitish Grover, Principal, Owner

Nitish GroverPrincipal, OwnerNitish Grover and Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Fed Monetary Policy - Stagflation - Effects on Accounting and Financial Reporting

February 21, 2008

Doubts are now being raised in different circles of a  possible period of  stagflation  being  induced  as  a  result  of  Federal Reserve monetary policy. While I do  not  think  the  present conditions point  towards stagflation  and  we  are  presently  a  long way  from reaching any such point, yet in the  present  context I think  it  would be advisable to look  at  the  effects  on  accounting and  financial reporting of  any such  economic situation  for  a  sustained period of  time.

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