Iran War Brings BIG Inflation. Is the UK Already in Need of Another PM? (with Stella Tsantekidou)
About this episode
The episode discusses the impact of rising inflation and energy market instability on the economy and politics, featuring insights from guest Stella Tsantekidou.
Trump’s trip to China is happening at the exact moment his most persistent political vulnerability is becoming impossible to ignore: the economy. Inflation has ticked up to 3.8% year over year, gas prices are rising again, and the White House is leaning on a familiar argument — to the Biden administration, at least — that the pressure is temporary. At the same time, instability in the Strait of Hormuz keeps energy markets on edge, with the potential for sudden price shocks baked into the background. The administration’s framing is that this is the cost of a broader strategic shift: a tougher posture toward Iran and a reordering of global trade in America’s favor. The issue is that voters don’t experience macro strategy as macro strategy. They experience it as prices at the pump, at the grocery store, and in monthly bills. Politics Politics Politics is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. That gap is widening in housing. The spring buying season, usually a reliable indicator of economic momentum, is unusually subdued. Mortgage rates and uncertainty are keeping buyers out of the market, reinforcing a…
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