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#687 Breaking Down The Macro Economy w/ Darius Dale

The Pomp Podcast

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Is There a Secular Driver to Disinflation?

People are sitting with cash because they don't want to buy the bonds because of their worry about inflation. People aren't going to sit in cash forever, and so they're ging to eventually have to deploy the cash. This is why inflation isn't going from five % ten %. The blue line shows the labor force pticipation rate. That's approximatom grapic. The red line shows mu o, the money velocity of both arong loads. In as tap won a hundred market cap as a prox as ratio to the russl three thousand market caps. That's the broadest measure of teosequities,. And clearly we're at the highest there.

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