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Inflation: Soft, Hard, or No Landing? / News of the Money-World Ep 60

NZ Everyday Investor

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Labor Markets - The Problem That We Still Haven't Been Able to Control, Right?

A lot of inflationary pressures have died down, but the problem is that we still haven't even come close to getting ourselves able to control on the labor market. And no matter what market you look at at the moment, markets are kind of a kind of record lows or very long term lows in terms of unemployment rates. So really, I think if we really blunt about it, where we've got to at the moment,. the goal of these interest rates is to push people out of jobs. and that is just not happening.

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