David Lin: Stagflation Crisis, How Bad it Can Get

The global economy faces a growing threat: stagflation. A toxic combination of stagnant economic growth and persistent inflation, stagflation presents a unique challenge for policymakers and investors alike. In a recent interview with David Lin, Ted Oakley, Founder of Oxbow Advisors, painted a sobering picture of the current macroeconomic environment and explained why he believes stagflation is the next major hurdle. Stagflation is a particularly n***y economic beast. It departs from the norm where economic growth typically cools inflation. Instead, stagflation sees rising prices alongside sluggish or even contracting economic output. This creates a difficult situation because traditional monetary policies…