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Stagflation was a worthwhile concern in 2022

CN
Caleb Franzen
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2 years ago
AI summarizes in 5 seconds.

Stagflation was a worthwhile concern in 2022.

Since the start of 2023, stagflation has been referenced as a fear tactic used by Doomers to make investors buy their "solution".

It's Marketing 101.

Create panic (aka demand) and then provide a service to solve the issue.

There is zero credibility to the stagflationary narrative and those who are espousing it are losing their credibility by the second.

3.9% unemployment

3.9% wage growth YoY

3.0 real GDP growth YoY

2.3% headline CPI ex-Shelter inflation YoY

You can disagree with me, but that just means that you're in agreement with the people who have been consistently wrong (about everything) for the past 18+ months.

Listen to them (and/or align with them) at your own risk.


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