soup /biz/ chads. redpill me on stagflation. I heard it's coming or already here.
Redpill
We've always been in stagflation
M2 increases 8% average yoy
S and p increases 10% average yoy
Real rate of return 2% average yoy
its slightly ironic for Trump to bring back an economic illness of the 70s that toppled the oldschool center-left and started the modern conservative revolution that ended in trump
>>60763683The debt cycle is 80years
Trump is a symptom not the cause, the macro forces are much bigger than 1 president
>>60763648 (OP)Reminder that 85% of economists predicted a recession in 2023 and we got none.
>>60763683>bring back an economic illness of the 70sthe biden years literally had 40 year highs in inflation.
lets wait and see if anything actually happens.
>>60763874In fairness one could argue to put Sleepy Tariffs Biden in with Trump, they are both mentally stuck in other eras