US having 1970s style stagflation but the fed will not be able to do anything.

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US having 1970s style stagflation but the fed will not be able to do anything.

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06-03-2022, 06:40 PM

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US having 1970s style stagflation but the fed will not be able to do anything.

An honorable member of the Coffee Shop Has Just Posted the Following:

They have so much debts now comparing to the 70s. Oil prices upwards and food going up due to the wheat export bans and fertilizer ban.

Now their interest is zero and inflation 10-15%. Is this the end of amdk?

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