According to Ben Kelleher from ANZ, speaking to Interest.co.nz, New Zealand is “definitely heading into a stagflationary environment”. Liam Dann, business editor at large for the Herald, describes stagflation as, “the worst thing really that can happen to an economy.”

So what is stagflation? How bad is it really? And are we about to go through it all over again?

Filmed and edited by Isaiah Tour
Written and presented by Robbie Nicol

Made with the support of NZ On Air