How Rising Import Costs From China Echo the 1970s

Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes · Jul 25, 2026 · 4m · transcript

Import prices from China just hit their highest level since 2008, a jolt that echoes the supply-shock dynamics of the stagflation era. Lucas and Luna break down what this means for inflation, corporate margins, and the consumer wallet—using real data from July 2026. They explore how tariff policies, onshoring delays, and global supply chain friction are feeding into a slow-growth, high-cost environment. The episode looks at the mixed signals: an improving GDP growth rate and low unemployment alongside stubborn core PCE and a 10-year breakeven that has eased but remains elevated. Specific…