Trump Created America’s First Man-Made Stagflation Crisis
Bulwark Takes
The Bulwark
4.7 • 1.2K Ratings
🗓️ 14 August 2025
⏱️ 20 minutes
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| 0:00.0 | Building a coffee business? |
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| 0:18.0 | Visit sumup.co.uk to learn more. |
| 0:20.0 | Hello, everyone. This is JVL here with my |
| 0:23.2 | bulwark colleague, Andrew Eger. Before we get started with all the great news about our incoming |
| 0:29.9 | stagflation, which we can have until the Bureau of Labor Statistics is fully taken into the Borg and stops publishing such data. |
| 0:40.3 | Before we get started, hit like, hit subscribe, follow the feed, because where else are you going |
| 0:44.8 | to get cheery news about America's decision for national decline. |
| 0:51.0 | Andrew, we had last week some inflation numbers in the consumer price |
| 0:57.8 | index, which were not great. We'll get to them in a minute. But just an hour ago or so, |
| 1:04.5 | we got the producer price index, the PPI numbers, and they were very bad, jumped 3.3 percent. And this is the largest |
| 1:14.5 | jump in prices since, wait, wait. Oh, 2022. I feel like prices were bad in 22. I feel like this is a thing |
| 1:26.5 | that people were very angry about. So what are, |
| 1:31.4 | what are we going to do, Andrew? Can we fire somebody else over at the BLS to stop these sorts of |
| 1:36.8 | numbers from coming out? Yeah, I mean, this is, these are really actually quite bad numbers. |
| 1:42.5 | I mean, I, I, we were, we were kind of expecting to see a certain amount of inflation just in general because of the, the tariff regime kind of wreaking havoc on supply chains, as well as just the actual cost of the tariffs. But, but, but these were kind of a sloburnockery. It's not just a 3.3% increase year over year in the producer |
| 2:03.0 | price index. It's almost a whole percentage point up just from a month ago. And, you know, |
| 2:07.3 | these are like, like as far as as as a single month jump, that's like a shocking increase. |
... |
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