“It looks…as if Donald Trump has managed to create the kind of environment that we had at the end of the 1970s stagflation, which means that this is going to be really, really ugly and that we are going to be paying the price for these misadventures for years to come.”
—Paul Krugman
https://paulkrugman.substack.com/p/a-whiff-of-stagflation-150
#trump #stagflation
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