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@ Dr. Monali Desai
2025-05-06 12:40:35
Ready for stagflation? Here’s how the Trump tariffs could take us to stagflation. The U.S. economy is facing the first significant threat of stagflation since the 1970s. 🇺🇸Unfortunately, “stagflation does not have a clear answer,” according to Matthews. “It’s worse than a recession.” Matthews describes stagflation as the economy moving in two different directions at once. On the one side is inflation, where goods and services cost more money. On the other side is a slowing economy, where higher unemployment leads to lower discretionary spending. Unfortunately, in addition to the unforced error of Trump’s tariffs, our economy is also grappling with the chaos of how the tariffs have been implemented. “At a time like this, people don’t want to invest in the United States,” Matthews explains. “Companies don’t know where to build or invest or hire.”
https://www.fastcompany.com/91326625/will-trumps-tariffs-lead-us-into-a-period-of-stagflation
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