Supply Shocks: Sudden disruptions to essential resources—such as the 1970s oil crises or new trade tariffs—can sharply increase production and transportation costs.
end partial quote:
So, what happens is people cannot afford to buy gas because it is too expensive. Then everything they need to buy becomes more expensive because of the price of Gas and Diesel is too high to survive anymore.
So, when people cannot buy food or gas because it's too high in price they have to do something to survive. So, what do they do?
They stop buying gas and stop buying anything that isn't food or that gets them to work like on a bus. They stop buying everything in order to put food on the table and to keep the house or apartment where they live.
And this only increases Stagflation more and more and there really is no easy solution to this problem presently caused by Trump causing the Iran war and destroying the economy of the whole world by doing this.
So, right now Trump is taking us towards the next Great Recession or possibly even the next Great Depression which is starting to hit not only the U.S. but also the whole world more every day.
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