Economists are warning that #Trump is causing #stagflation.

"We've highly disruptive shocks underway: surge in uncertainty about the future *prompts firms & HHs to delay major spending decisions +a fear: prices will continue to rise in consumer sentiment -spurs hoarding, notably of necessities -cause a freezing of action on big investments -pro cyclical, while the desire to hoard necessities. Worst case scenario: stagflation🚨: unemployment & inflation rise in tandem."

-D Swonk

#USPol #Economy