Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
The Rabid Capitalist previously reported on the threats to price stability and economic growth from a dockworkers’ strike. While this work stoppage risk was averted, it has been replaced by similar tariff-related issues. Under every scenario of resolution, higher inflation and lower growth have become inevitable. The degree of damage will vary.
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