It's Not Global Stagflation, it's Dragflation
As the old Bronx saying goes, “Bullshit has its own sound.”
Dragflation is the economic climate of the future for much of the world; negative economic growth and rising inflation.
However, the reality will be denied by politicians and the Presstitute media.
Need more proof?
This is a 19 December article in the business section of The New York Times:
Britain’s Economy Is ‘Bumbling’ Into the New Year
It’s a somber end to the year in Britain, dampened by a string of disappointing economic news. Inflation has jumped, the economy has stagnated and consumer confidence surveys are deeply downbeat.
The economy did not stagnate, it shrank for the second month in a row while the UK inflation rate went up for the second month in a row, rising 2.6 percent, which was the fastest pace since March.
As the old Bronx saying goes, “Bullshit has its own sound.”
What is going on in the UK is symptomatic of what’s happening around the world: Major economies are in decline and prices keep rising… but the facts are being denied.
GERALD CELENTE ON THE DIRECTION OF THE MARKET IN 2025
Go back to the beginning of 2021.
Listen to what the Fed Banksters and “experts” were saying about inflation: It was “temporary.”
Month after month, as inflation kept rising higher, the money mobsters changed their tune and inflation forecasts went from “temporary” to “transitory.”
Now look at some of the world’s largest economies.
China, the world’s second-largest economy, has greatly weakened since it launched the COVID War in January 2020, and while it is not in contraction and there has been disinflation, inflation is now back on the rise compared to last year.