The Next Big Problem: “Stagflation Is Starting To Show Across The Economy”
by Tyler Durden
ZeroHedge.com
04/01/2016
“I think stagflation is starting to show – that idea of stronger nominal growth but weaker real growth is starting to show up across the economy. It certainly is showing up with real personal consumption slowing; it’s showing with slower job creation growth as the wage rate rises, and it’s showing up in weaker profits as the share of labor income rises reducing profit margins for corporations.”
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