2: On inflation and uncertainty
Onward, a Fundrise Production
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The Wealth Effect and Inflation
Cost push means there's the cost of goods is going up. And that's usually because the input prices from commodities are going up and labor costs, our wages are going up. There's a shortage of labor. So there's this question about will this shortage of labor that's causing wages to go up, work as a result of that and more workers will come into the workforce. Lastly, sentiment around inflation starting to become, oh, there's never going to be inflation again to be like, well, inflation is here to stay.
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