Obv. The markets & the underlying economy are two different beasts but everything is pointing to Stagflation surely – Increased prices across the board is slowing demand. I just don’t see how the Fed maintaining or ramping up liquidity is going to help in any way.
— NeilBFormy (@b_formy) June 4, 2021
https://twitter.com/TSStewart2/status/1401235887921455106
https://twitter.com/adamscrabble/status/1399779499617705991
Inflation is back, but it may be stagflation. https://t.co/KEMSTsMXcS
— Money & Markets (@TheMoneyMarkets) June 1, 2021
The #jobsreport shows #fed may need to pivot soon on #inflation #BOND buying $SPY or risk 70s style #stagflation for the next -decade https://t.co/igDTuXZs08
— Celestine Chukumba Ph.D. | Economist (@celestichukumba) June 4, 2021
Janet Yellen said that if the Fed accommodating Joe Biden's deficit spending results in higher #inflation and slightly higher interests it will be a plus for society and the Fed. Higher interest rates will produce a financial crisis. Higher inflation will produce a dollar crisis.
— Peter Schiff (@PeterSchiff) June 7, 2021