[the world economy can avoid stagnant inflation but still has costs to support gold prices in the medium to long term.] on March 10th, a team of analysts led by Shawn Donnan wrote that the world economy has a good chance to avoid a repeat of stagnant inflation in the 1970s, but not without some harm. The world economy can avoid stagnant inflation, but it still faces recession and the cost of overcoming inflation, which is likely to boost risk aversion and support gold prices in the medium to long term.