3 ms·

If Donald keeps at it with World Economic War I, this is only going to get worse.

• e40 2y ago
  Stagflation, here we come. (Inflation and high unemployment.). Not seen since the late 70s, IIRC.
  • duxup 2y ago
    It would be wild to go all the way from the housing crisis where in response the government spending was going to supposedly create tons of inflation and now and still not running into massive inflation, or even seeing expected economic downturn cycles. And then running headlong into something as insidious as stagflation.
    • readthenotes1 2y ago
      The government spending in 2009+ did cause tons of inflation - - but it was in the financial and collectible market, not in bread.
• tim333 2y ago
  I think this would be World Economic War II really with the Tariff Act of 1930 kicking off America's previous Great thing.