Unlocked: Structural Stagflation
Excerpt from March 12th Weekly
The Anti-Goldilocks Economy
A Goldilocks economy is an economy (see 1980 to 2007) that is neither too hot nor too cold, in other words sustains moderate economic growth, and has low inflation, which allows a market-friendly monetary policy. The name comes from the children's story Goldilocks and The Three Bears.- Source
Bottom line: They could lower rates…