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Behind the Markets Podcast: Mark Mills

Behind the Markets Podcast

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The Importance of Labor Inflation

The Fed is trying to kill jobs because it makes it easier for employers to hire people without paying higher wages. We're gonna have a labor shortage going forward for decades, if not a century. The only saving grace is that the combination of AI and freeing up humans from doing repetitive, drudgery, routine tasks will allow robots to do non-routine tasks. It's a savior from AI.

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