'Stagflation is coming to the U.S.'

30 mooreds 14 8/8/2025, 3:26:08 PM morningstar.com ↗

Comments (14)

duxup · 3h ago
If true, considering what happened with the jobs report getting someone fired, I wonder how much we can expect to hear about this reliably from the feds?
mooreds · 2h ago
Relevant Bloomberg article "The BLS Can’t Be Replaced by the Private Sector": https://www.bloomberg.com/opinion/articles/2025-08-08/the-bl... / https://archive.is/el7mM
ChrisArchitect · 1h ago
mikewarot · 2h ago
>U.S. president Donald Trump said he will nominate his economic adviser Stephen Miran as a temporary Federal Reserve governor.

"he has espoused the use of tariffs as a tool to reduce trade deficits and induce currency revaluations against the dollar" according to the Wikipedia page about him.[1]

A long term, deliberate, paced tariff strategy could have unwound the offshoring, but having TACO Trump do this is only going to end the dollar as a reserve currency, whilst simultaneously kicking off World Depression II.

[1] https://en.wikipedia.org/wiki/Stephen_Miran

JumpCrisscross · 2h ago
> only going to end the dollar as a reserve currency

Probably not, at least not as a medium of exchange and thus unit of account.

It is likely to deindustrialise America, given tariffs make material inputs more expensive. But Wall Street doesn’t use material inputs; it gains, and with it, so do America’s capital markets. With them, the dollar. (In use. Its value will likely become more volatile. I also expect Treasuries to become less attractive as a long-term store of value.)

ChrisArchitect · 1h ago
Related:

It's Beginning to Smell a Lot Like Stagflation

https://news.ycombinator.com/item?id=44835775

watwut · 42m ago
That one is flagged, because of course.
belter · 2h ago
If ever there were economic agents more deserving of stagflation...

"47% of Republicans would still vote for Trump even if implicated in Epstein's crimes" - https://www.snopes.com/fact-check/trump-epstein-republican-v...

e2le · 1h ago
Disturbing that anyone would knowingly vote into power an individual who abused children.
lotsofpulp · 1h ago
Makes me reticent to leave my children with other adults, considering there is a very high chance they could be one who voted for said individual.
nullc · 1h ago
Most of those persons probably understood "officially implicated" as "subject to yet another spurious allegation".

While the outrage is maximized by reading it as "Would you vote for trump if he confessed to molesting children?" -- I'm confident that question would have gotten a different result.

bithive123 · 4m ago
Or they would say what they've always said when Trump openly does something hideous. "That girl was no angel." "She was asking for it." "Biden and Obama did the same thing but worse." "The facts are a liberal hoax." Which sort of reaction do we have more examples of?
watwut · 43m ago
Given Trump openly talked about sexual harasment of women and given his has known track record, I doubt it will be different with kids.

The peoples outrages are highly stratetic. Tan suit on democratic president, is massive breach of decorum. Grab them by the pussy is fine.

add-sub-mul-div · 59m ago
Had this standard of nuance and thoughtfulness been applied to Pizzagate I might buy this.