With weak U.S. retail sales and a rise in producer prices, many economists ― along with Fed Chairman Ben Bernanke ― believe this is further evidence of “stagflation” in the U.S. economy.
Stagflation? These guys are behind the times. We’ve had stagflation for the last three years! I warned my Real Wealth Report subscribers back in May 2005 that stagflation was already beginning. Now the economy is moving again ― towards a hyperinflationary depression!
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