3 ms·
All three of those things are things that are hard to outsource. My suspicion for a long time has been that we've actually had massive inflation since roughly t
by api 6y ago
All three of those things are things that are hard to outsource. My suspicion for a long time has been that we've actually had massive inflation since roughly the year 2000, but it's been masked by the effect of outsourcing and automation reducing the price of pretty much all manufactured goods.
- toomuchtodo 6y agohttps://www.epi.org/productivity-pay-gap/ https://www.epi.org/productivity-pay-gap/ (Reduced labor power) https://www.theatlantic.com/ideas/archive/2019/02/new-american-populism-needed-save-west/582202/ https://www.theatlantic.com/ideas/archive/2019/02/new-americ... (Globalization) https://www.lynalden.com/money-printing/ https://www.lynalden.com/money-printing/ (Assets bubbles from central reserve QE) https://fred.stlouisfed.org/series/WALCL https://fred.stlouisfed.org/series/WALCL (Fed Total Assets)