Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
Why Core Services Inflation Is The Real Stagflation Trap
Inflation numbers have been stuck above the Fed's two percent target for years, but the real danger isn't goods prices—it is the sticky cost of services. With core CPI holding at three hundred thirty-seven point eight in August and real GDP growth slowing to one point five percent, we are seeing a classic wage-price squeeze. Lucas and Luna break down why shelter costs, healthcare, and legal fees refuse to drop even as consumer demand weakens. This episode explains how the 'services' component of inflation behaves differently from commodities, creating a policy trap where…
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