Kitco News: Is the Fed Trapped? Inflation, Debt, and De-Dollarization Challenges

In a thought-provoking interview between Jeremy Szafron, an anchor at Kitco News, and acclaimed economist and author Daniel Lacalle, the looming specter of stagflation in the U.S. economy was brought to the forefront. With persistent inflation rates, sluggish economic growth, and rising unemployment figures, Lacalle draws compelling parallels between the current U.S. economic landscape and past stagnation seen in Japan and Europe. Stagflation, the dreaded combination of stagnant economic growth, high inflation, and elevated unemployment, poses significant challenges for both consumers and policymakers alike. During the interview, Lacalle elaborated on the current economic environment in the U.S., where inflation continues…