Image source: Pixabay
People in the financial media tend to talk about inflation as an academic exercise. As a result, it’s easy to forget that rising prices cause real pain for real people. And Americans are feeling that pain today. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey highlights some ways inflation is impacting regular people. He also explains why he thinks stagflation is the most likely outcome of this inflation fight.
Topics Covered
- Walmart (WMT) reports strong sales with more affluent customers coming through the doors
- Americans burying themselves in debt
- Inflation is on purpose and it’s anti-human
- Why stagflation is more likely than disinflation
Video Length: 00:25:03
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