Larry Edelson -

Stagflation?

by Larry Edelson on July 15, 2008

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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Read more on Stagflation, Ben Bernanke, U.S. Economic Cycles at Wikinvest

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