Stagflation

Since June of 2020, we've discussed stagflation as the most likely outcome of the Covid lockdowns, combined with all of the QE and blowout deficit spending. This morning's CPI report only serves to show that the worst of it all is still pending.

So how bad was the CPI? How about +9.1% YoY bad? Yes, you read that right. US price inflation at the consumer level is now annualizing OVER NINE PERCENT. Even worse, the increase in June alone was +1.3%. If that were to continue... and it likely won't ...but IF it did, you'd be looking at annualized...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

67 Comments on Stagflation

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 10/3

10/3 9:45 ET S&P Manu PMI
10/3 10:00 ET ISM Manu PMI
10/3 3:10 ET Goon Williams
10/4 10:00 ET JOLTS
10/4 10:00 ET Factory Orders
10/5 8:15 ET ADP jobs report
10/5 9:45 ET S&P Services PMI
10/5 10:00 ET ISM Services PMI
10/6 8:50 ET Goon Mester
10/7 8:30 ET BLSBS
10/7 10:00 ET Goon Williams
10/7 11:25 ET Goon Kashnkari

Forum Discussion

by vonburpenstein, Oct 6, 2022 - 7:32am
by 11IMIX, Oct 5, 2022 - 5:17pm
by PMtoxopholite, Oct 4, 2022 - 8:06pm
randomness