Stagflation will not occur in 2025—stagflation requires that money supply growth and money velocity both increase simultaneously; since money velocity is likely declining, persistent inflation is possible but not 5-6% inflation with negative real GDP growth.
forecastpending
Speaker
Daniel LayaEvidence Quote
“I don't think that there will be stackflation. The only way in which prices will go up is if government spending, deficit spending and monetary easing coincide”
Source
Inflation Is Not a Mistake – It’s a Strategy, 2025 Crash Explained | Daniel Lacalle— Soar FinanciallyCreated: 8/11/2026, 7:10:29 AM
My Notes
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