The Fed's emergency cut could lead to stagflation, one expert said - Business Insider

Bracing for stagflation

There have been some signs of this kind of economic environment in China, where the virus originated. Prices have skyrocketed amid government shutdowns, according to Zhiwei Ren, managing director of Penn Mutual Asset Management. But, Ren thinks that the situation is likely to correct itself when the spread of the virus slows and production returns to normal.

"We talk about the fact that there's no inflation in the economy, but if you look at the inflation in financial assets, it's been profound," she said. Inflation in prices in the US has been low over the last decade, while the stock market has enjoyed a compound annual growth rate over 14% in the same time period.

What if the Coronavirus was created by nasa to try and slow down the chinese and Russia because of paranoias and politics by mating the flu with a water bear?

I could totally save this country.

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