Inflation Is A Primary Driver Behind The Economic Slowdown
Whether it is the Wall Street Journal, Bloomberg or CNBC, the business press fails to mention price inflation as a primary factor behind the economic slowdown as measured by Real GDP of 2%. Supply chain bottlenecks and the Delta variant are not exclusively responsible for the stagflationary period we are about to embark on where anemic real GDP growth, price inflation and suffocating public debt are the norm.
