I have been discussing the potential of stagflation with few friends couple of weeks ago and just noticed this following tweet which is why I think Stagflation is inevitable.
https://twitter.com/elonmusk/status/1503184467397128194?cxt=HHwWhMC5seKTsdwpAAAA
Its a false sense that economy is good because even though business is booming, company profits are getting smaller and smaller due to cost of doing business. At some point, since companies could start closing due to negative margins, unemployment will start rising.
Im a firm believer that the only constant is change. We are going to go through a rough period hoping that the fed will take the medicine and stop the printer so we can ride a small correction/recession for a couple of years. Ride it out for a couple of years hoping to bring inflation under control.
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