Stagflation Is Coming to a Theater Near You

“If it looks like a duck, walks like one and quacks like a duck, it’s a duck. Inflation is rising and consumer spending power is falling. Those are clear warnings of slower growth and higher costs — spelling out the dreaded STAGFLATION scenario that the Fed is pretty much powerless against, leaving risk assets in the cross hairs.”

Stagflation Is Coming To A Theater Near You | ZeroHedge

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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