Keeping it Simple with Simplify Asset Management cover image

Keeping it Simple | Ep. 20: Secular, Cyclical... it's all a fubar fugazi!

Keeping it Simple with Simplify Asset Management

00:00

Is There a Labor Problem?

If nominal growth is trending at three and a half percent. How do you get 4% inflation? You'd have to assume that the Fed and fiscal authorities perpetually stimulate money growth 10 15 20 percent year in year out. That doesn't seem likely. And by different wages wages, wages have to be paid out of revenue revenue is synonymous with nominal growth. The concept that inflation is going to rise to foreign stick I struggle with.

Play episode from 53:07
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app