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Why You’re Hearing About Stagflation Right Now, and What You Can Do to Prepare for It
https://time.com ^ | May 13, 2022 | Jason Stauffer

Posted on 05/18/2022 10:57:40 AM PDT by RomanSoldier19

With inflation over 8% and the threat of a recession on the horizon, there are global concerns about stagflation, a combination of low economic growth and soaring prices.

But is it something the average American needs to be concerned about?

“At this point, we can’t say that we’re yet in a period of stagflation,” says Lindsey Piegza, chief economist at Stifel Financial, a financial investment firm. However, given the current economic situation, “it is a very real risk.”

The Federal Reserve is in the process of raising interest rates to combat inflation that’s coming in at 40-year highs month after month. If the Fed’s aggressive interest-rate policy forces the economy into a recession and global supply chain disruptions put pressure on prices, we could see elevated prices at the same time the economy is slowing down, Piegza says.

(Excerpt) Read more at time.com ...


TOPICS: News/Current Events
KEYWORDS: depression; preppers; stagflation

1 posted on 05/18/2022 10:57:40 AM PDT by RomanSoldier19
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To: RomanSoldier19

Until very recently, I was hearing a lot of reports about the fed raising rates being because “the economy was heating up”.

You can’t trust any media sources anymore.


2 posted on 05/18/2022 10:59:33 AM PDT by z3n (Kakistocracy)
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To: RomanSoldier19

Shadow Stats has Consumer Inflation pegged at about 18% right now. Second chart down at the link:

http://www.shadowstats.com/alternate_data/inflation-charts

Who ya gonna believe? Mother Government or your own lyin’ eyes?


3 posted on 05/18/2022 11:01:17 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: Diana in Wisconsin

4 posted on 05/18/2022 11:02:57 AM PDT by RomanSoldier19 (Res ad Triarios venit; )
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To: Diana in Wisconsin

I believe nothing from the government/media complex. No one in this country who drives, eats or sleeps with a roof over their head needs to be explained anything about inflation. We are living and dying it.


5 posted on 05/18/2022 11:08:08 AM PDT by hardspunned (former GOP globalist stooge)
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To: RomanSoldier19

HEY GUYZ!

WE’RE THE MEDIA AND JUST WANNA LET YOU KNOW THE CANDIDATE WE PUSHED ON YOU IS DOIN’ GREAT!

JUST MAKE SURE TO GET ANOTHER JOB OR BE RICH ALREADY IN THE NEXT FEW MONTHS, ‘KAY?


6 posted on 05/18/2022 11:15:58 AM PDT by struggle
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To: RomanSoldier19

I don’t worry about this inflation, stagflation or anything. I’ll just keep on going until my money is all gone. Which should be about one week from now.

My house is paid for, cars are paid for, no credit cards. What do I have to worry about? Well, there’s the property taxes on the house...oh wait...


7 posted on 05/18/2022 11:18:20 AM PDT by Auntie Dem (Hey! Hey! Ho! Ho! Terrorist lovers gotta go!)
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To: RomanSoldier19

Kind of a drag!


8 posted on 05/18/2022 11:24:49 AM PDT by lee martell
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To: RomanSoldier19
The Federal Reserve is in the process of raising interest rates to combat inflation

Raising rates at a 1/2 point per month isn't going to do much at the rate inflation is soaring.


9 posted on 05/18/2022 11:27:58 AM PDT by TomGuy
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To: Auntie Dem
My house is paid for, cars are paid for, no credit cards. What do I have to worry about? Well, there’s the property taxes on the house...oh wait...

Utilities. I got one monthly natural gas bill that was 40% over a year previous (and actually used fewer cubic feet) and my last month electric bill was about 25% higher than usual -- with fewer kilowatt hours used. Grocery trips are running about 20-25% more than 6 months ago.


10 posted on 05/18/2022 11:33:45 AM PDT by TomGuy
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To: TomGuy
Raising rates at a 1/2 point per month isn't going to do much at the rate inflation is soaring.

No. But it will put money into the pockets of Gubmint and The Fed Reserve.

11 posted on 05/18/2022 11:33:50 AM PDT by Bloody Sam Roberts (A morning without coffee is like...just kidding. I have no idea.)
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To: RomanSoldier19

Darn that Putin, sinking not just the United States economy, but also bringing the entire world to it’s economic knees! The fiend!!
Can’t we send a couple hundred billion to Azerbaijan or whatever, along with all of our baby formula? That would show that godless commie!!!


12 posted on 05/18/2022 11:49:43 AM PDT by LouieFisk
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To: struggle

13 posted on 05/18/2022 11:55:06 AM PDT by RomanSoldier19 (Res ad Triarios venit; )
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To: z3n

AND remember when gas “necessarily skyrocketed” during the Obama regime it was a great thing reflecting his awesome economy.


14 posted on 05/18/2022 12:42:53 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: z3n

You raise interest rates to “slop up” dollars from the economy—it’s used to slow down inflation.

The bad news is that food shortages, fuel shortages are going to keep prices up— AND there are trillions being pumped into economy through the existing COVID bill and the infrastructure bill is about to “come on line.”

So…all we need is a crappy harvest. That would be the cherry on the top of this sundae.


15 posted on 05/18/2022 2:00:33 PM PDT by Vermont Lt
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To: RomanSoldier19

81 million alleged votes later.........


16 posted on 05/18/2022 2:22:41 PM PDT by cranked
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