Abstract
Donald Trump won reelection primarily on the basis of voter dissatisfaction with price inflation during the Biden Administration, but his policies are not likely to cure it. Instead, inflation will tend to surge again. On the other hand, powerful bearish financial interests, both within and outside the Trump administration, will, in their own interest, attempt to counteract the inflation with credit tightening to damp down demand. These powerful contrary interests are likely to produce stagflation again, as during the 1970s.
Recommended Citation
Nolt, James H.
(2025)
"Stagflation is a Likely Outcome of Trump Policies,"
Class, Race and Corporate Power: Vol. 13:
Iss.
1, Article 2.
Available at:
https://digitalcommons.fiu.edu/classracecorporatepower/vol13/iss1/2
