US core inflation set at 2.5% year over year - stagflation controlling the economy
Sam Adelton
Sep. 29, 2006

Nonfood nonenergy core inflation went up 0.2% in August. The inflation is ticking up 2.5% yaer over year. This happened after Federal Reserve rasied rates like never before.

But the problem is somewhere else where most likely Federal Reserve has lost control. The economy is stagnated and ready to fall fast compared to inflation and inflation expectations.

Under-employment and inflation is what creates the stagflation. For the stock market stagflation is worst and can trigger multi decade bear markets.

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