3 ms·
Inflation also ignores asset bubbles entirely by focusing on them as a separate class as not as too few houses or too few financial instruments being chased aft
by lamontcg 4y ago
Inflation also ignores asset bubbles entirely by focusing on them as a separate class as not as too few houses or too few financial instruments being chased after by way too much money in the hands of the upper 90%/99%.
And this article barely mentions wages, unionization and wage-price spirals.