The U.S. economy has become something out of Charles Dickens — the best of times and the worst of times at the same time.
Trillions of dollars in AI investment and a booming stock market suggest strength…
Yet inflation keeps rising.
Unemployment is rising.
The labor market is softening.
Economists have a word for this: Stagflation!
It’s a bizarre economic moment — one that’s entirely fixable, but only if Congress finds the political will to address the exploding U.S. budget deficit.
#economy #stagflation #inflation #AIboom #markets #investing #JamesHickman #SchiffSovereign
