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It Turns Out the Fed Doesn’t Matter

The Compound and Friends

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Disconnect between Rising Wages and Dissatisfaction with Increasing Prices

The chapter discusses three main reasons for the disconnect between rising wages and the dissatisfaction with increasing prices. They explore the impact of income adjustments, the negative influence of social media, and the reluctance to return to the office after experiencing remote work benefits. They also address misconceptions about inflation and emphasize the tendency to focus on negative aspects rather than celebrating positive ones.

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