Stagflation: What is it and How to Prepare for it

The word “stagflation” sounds bad, and it is. Its worse for the consumer then inflation, but better than hyperinflation.

Stagflation, which the U.S. experienced 40 years ago as prices rose while the economy sank, may raise its ugly head again. The numbers are just in, and the U.S. economy grew only 2 percent in the third quarter, not only below expectations, but the slowest growth since the post-COVID recovery started.

Why, you ask, is the economy sinking? Is it COVID, like the mainstream media claims? Is it unemployment?

It’s the supply chain and the vaccine mandate, which exacerbates the supply chain problem by forcing experienced workers out of their jobs, including truck drivers and warehouse workers.

Continue reading “Stagflation: What is it and How to Prepare for it”