Today we’re going to talk about one of the dirtiest words in all of finance…
And that word is “stagflation.”
Stagflation happens when inflation is high, economic growth is slow, and unemployment is high–and right now, everybody and their mother is telling us that even though we’re facing unprecedented economic times, we’re most likely safe from stagflation.
However, while many economists are saying this, there’s at least one investing icon that isn’t afraid to use this dirty term to discuss America’s future.
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