The David Lin Report · Friday, July 31, 2026
Florian Gomez anticipates a stagflation scenario, citing persistent inflation driven by high oil prices and the ongoing war in Iran. He notes the war's significant cost to the US and the lack of a clear end or exit strategy.
“I think we're moving here into a stagflation scenario, persistent inflation, especially due to, um, these high oil prices, the ongoing, uh, um, the war in Iran, which is already costing I think at least $37 billion, I think that was the number recently publicly announced by by Pete Hegseth.”
“And as we all can see, this disaster, there is no end inside. There is no exit for Trump apparently. And somebody has to pay it, right?”