4 ms·
Workers will see higher wages as there is more work and fewer people to do the work Everyone will see higher prices as the costs of work increase Interest rat
by hdgvhicv 1y ago
Workers will see higher wages as there is more work and fewer people to do the work
Everyone will see higher prices as the costs of work increase
Interest rates will be low as there’s no other option
- toomuchtodo 1y agoIndeed, demographics are destiny. https://www.suerf.org/wp-content/uploads/2023/12/f_fa99ccdbea597263a88f27075bd6eb49_17385_suerf.pdf https://www.suerf.org/wp-content/uploads/2023/12/f_fa99ccdbe... https://link.springer.com/book/10.1007/978-3-030-42657-6 https://link.springer.com/book/10.1007/978-3-030-42657-6
- lotsofpulp 1y agoThe relative rate of change is important, not the absolute change. Politically, asset prices will be inflated quicker than labor prices. You can use SP500 as an easy guage. This is not sustainable forever, of course, but I would bet there are a few more decades it will work.
- hdgvhicv 1y agoOver the last 40 years the S&P has consistently increased around 7% a year more than wages regardless of “money printing” or interest rates
- lotsofpulp 1y agoIt’s not regardless of government intervention. There have been numerous bailouts and interest rates deductions specifically to backstop SP500. It is a stealth tax that targets the young (or those too poor to be beneficiaries), because leaders need to maintain purchasing power for their voters’ benefits (the vast majority going to the old) and the solvency of taxpayer funded defined benefit pensions.
- betaby 1y ago> Workers will see higher wages as there is more work and fewer people to do the work Canada effectively has removed immigration cap. So no, not going to happen.