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2023: You Wanted Endless Stimulus, You Got Stagflation.

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Tags Global Economy

01/16/2023Daniel Lacalle

Unfortunately, when governments all over the world decided to “spend now and deal with the consequences later” in 2020, they also sowed the seeds of a 2008-style problem.

Original Article: "2023: You Wanted Endless Stimulus, You Got Stagflation."

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Author:

Daniel Lacalle

Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020), Escape from the Central Bank Trap (2017), The Energy World Is Flat (2015), and Life in the Financial Markets (2014).

He is a professor of global economy at IE Business School in Madrid.

Original Article: 
2023: You Wanted Endless Stimulus, You Got Stagflation.