Ep. 616 – Stagflation: Not So Transitory

The Kapital News
The Kapital News
Ep. 616 - Stagflation: Not So Transitory

With initial jobless claims edging higher week-over-week to come in at 351,000 for the week ending 18 September, to major corporations such as FedEx, Costco, and Nike, informing the markets that higher prices are coming and are here to stay, the writing is one the wall – stagflation is here and it is not leaving any time soon. In the same vein, even members of the Federal Reserve and the White House are doing a 180 and no longer referring to inflation as transitory, but rather something that will be a little more persistent. Stagflation is a one-two knockout with higher unemployment, stagnant to negative growth, and higher prices – consumer and producer. This environment has not been seen in the United States since the 1970s and 1980s, especially to this degree. In the goods and services that are needed, we will see persistent and sustained price increases. The remainder of this decade is going to be volatile, violent, and unforgiving. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Stagflation #Inflation #Gold #Silver #Commodities #Oil #Natural Gas #Liberty #USA #Housing #FoodPrices #Freedom

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