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12 Things Everyone Got Wrong About Inflation
The Compound and Friends
How to Get Rich That You're Going to Love
The only explanation that makes any sense is they're focused on the labor market, which is primarily driven by a shortage of low wage workers who don't have enough bodies. Too many people retired or out on disability died during COVID plus the past 10, 15 years. Plus you have had a giant decrease in immigration as much as people want to blame Trump and Biden hasn't really changed legal immigration all that much. So we just don't haveenough bodies. And so they think we need more unemployment for inflation to go down despite the past 18 months that have proven no you don't. You just need more houses. Pretty much more houses, more semiconductors for cars and more bodies.
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