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Also, somebody else just submitted this [1]. The Fed just released a paper showing (or at least affirming) that the labor share of income in the US is at its lo
by somenameforme 4mo ago
Also, somebody else just submitted this [1]. The Fed just released a paper showing (or at least affirming) that the labor share of income in the US is at its lowest post-war level which is, more or less, equivalent to stating that it's at its lowest level ever. They're likely just using data starting at the 40s for the same reason I am.
But the really interesting thing? Go open their graphs and look where the inflection point is. It's, again, the funny money.
[1] - https://news.ycombinator.com/item?id=48734234 https://news.ycombinator.com/item?id=48734234