3min chapter

Animal Spirits Podcast cover image

The Animal Spirits Indicator (EP.270)

Animal Spirits Podcast

CHAPTER

The Fed Wants Soft Landing

Wages are still up relative to where they've come from. The highest wage growth we've had t was then 19 seventies. And look whent the highest hats been in the last forty years is these last three years. You're not going to get massive wage growth without high inflation. That tug of war is just, that's how it works. No one to blame but us.

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