Back to the Future: Stagflation ?

Back to the Future:

April 16, 2020

For those who remember the 80s when the combination of high oil prices and a recessionary environment resulted in stagflation and treasury bill rates nearing 20%, this is not a pretty picture.
Calls for stagflation in the medium-long term are increasing (stagflation=assets cost more, rates rise, little or no growth). What makes this economist’s call interesting (See link to Bloomberg interview with Torsten Slok of Deutsche Bank, below) is that he ties in stagflation to the increasing disparity in generational wealth and implies a confiscatory remedy as a result. We are already seeing the seeds of this in recent state and federal court rulings and “reform” proposals. After the huge stimulus is over, It is anyone’s’ guess and a Brave New World.

Recent Posts




Northern California Office

155 N. Redwood Drive, Suite 100
San Rafael, CA 94903
Telephone: (415) 491-8900
Facsimile: (415) 491-8910

Southern California Office

85 Argonaut, Suite 202
Aliso Viejo, CA 92656
Telephone: (949) 263-8757
Facsimile: (949) 308-7373

Send Us Your Information &
Get Started Today

Fields Marked With An “*” Are Required

  • This field is for validation purposes and should be left unchanged.