Mises Wire
Author:
Peter St. Onge
Online Publish Date:
Will inflation turn into stagflation? With inflation hitting 40-year highs, it’s the question of the hour . Currently, Wall Street and the Fed are saying no, forecasting a respectable 3.7% real for 2022, 2.7% for 2023, and 2.3% for 2024 . These aren’t epic prints, but they’re also nowhere near recession. Of course, that same dream team of Wall