4 ms·
Sustained labor shortages putting upwards pressure on wages. It's more of an external factor, but it really can't be ignored that the pandemic, despite people
by qbasic_forever 4y ago
Sustained labor shortages putting upwards pressure on wages. It's more of an external factor, but it really can't be ignored that the pandemic, despite people burying their heads in sand and pretending it's over, is continuing to sideline millions of workers.
- cma 4y agoAnd this makes their existing low fixed rate 10y treasuries more valuable how?
- sp332 4y agoAnd on the spending side, people who can't afford to buy a thing just don't count in the inflation metrics. For example, when nvidia saw that fewer people were going to buy GPUs this generation, they raised unit prices. That makes the inflation number go up even though economic activity is down.