Stagflation Is ‘Just the Beginning’ for America’s Economic Crisis: Peter Navarro

Then-White House Trade Adviser Peter Navarro speaks to the press outside of the White House in Washington, on June 18, 2020. Saul Loeb/AFP via Getty Images

Economist Peter Navarro, erstwhile adviser to former President Donald Trump, told Epoch TV’s “Crossroads” program in a recent interview that the current stagflationary downturn stalking the U.S. economy is “just the beginning” of America’s economic woes, and that Trump is the one who’s best poised to pull the country out of a dire slump.

Navarro said in the interview that he believes the United States has fallen prey to the destructive force of stagflation—a toxic combination of high inflation and sluggish growth.