Kim Perales on Nostr: Economists are warning that #Trump is causing #stagflation. "We've highly disruptive ...
Economists are warning that #Trump is causing #stagflation.
"We've highly disruptive shocks underway: surge in uncertainty about the future *prompts firms & HHs to delay major spending decisions +a fear: prices will continue to rise in consumer sentiment -spurs hoarding, notably of necessities -cause a freezing of action on big investments -pro cyclical, while the desire to hoard necessities. Worst case scenario: stagflation🚨: unemployment & inflation rise in tandem."
-D Swonk
#USPol #Economy
Published at
2025-02-16 14:54:56 CETEvent JSON
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