A Spell of Stagflation

Check out the accompanying pdf and chart collection. (1) Consumers are experiencing stagflation currently. (2) Price increases offsetting most of the rise in personal income this year. (3) Real consumption of goods falling over past five months. (4) Delta and inflation surge depressing Consumer Optimism Index. (5) Costco is rationing some products. (6) Inventory restocking and capital spending should offset weak consumer spending. (7) Here is how government policies have been causing global supply-chain chaos and boosting inflation. (8) Climate change activists are depressing fossil fuel supplies faster than boosting renewable sources of energy, which are unreliable. (9) Powell is frustrated by inflationary supply bottlenecks that he helped cause. (10) Why raising taxes on corporations and pass-throughs is bad for jobs growth. (11) Movie review: “The Many Saints of Newark” (- -).