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>> Hard to say we're seeing stagflation with current job numbers. I thought the "stag" part was stagnant GDP and we are even in a recession. The inflation part
by phkahler 4y ago
>> Hard to say we're seeing stagflation with current job numbers.
I thought the "stag" part was stagnant GDP and we are even in a recession. The inflation part is there of course. Even if it's not stagflation, the inflation part is due to dumping trillions into the economy and super low interest rates. I expect there to be a lot of pain when it actually corrects, but since there is also a trade war and companies are bringing production back to the US, we might see low unemployment for some time. I dunno, it's weird.