It’s Time to Talk About Stagflation

Well, that was clarifying. The Producer Price Index (PPI) for all commodities came in at 19.9% for August, representing the highest year-over-year gain since, well, the peak of the oil embargo in November 1974. None of the other postwar cyclical flare-ups even came close. And, by now, it’s also time to dispense with the silly talk about […]

You need to login to view this content. David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself. David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly. This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life. SUBSRIBE NOW | SUBSCRIBE NOW