
Inflation returns (kinda), what would James Joyce think?
The David McWilliams Podcast
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Is Inflation All About Pricing Power?
Inflation is all about pricing power. It's not about global money supply, or any sort of lot of things that economis will talk to you about. So labor in america is scarce, so they're saying, we want higher wages. Ne and then of course, you've got this poot inflation come in for poot an the air. All this has happened to unto,. my sense is people shouldn't panic there's a huge panic going on now, right? Central bankers, janet yell ad, they're all panic. The they're worried about the 19 seventies terite. Why? Why not? It's not the outlook doesn't look good. And ultimately
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