
MacroVoices #295 David Hay: The Case for Greenflation
Macro Voices
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The Fed Is Going to Have a Problem With Rents, Energy and Wages
i think wages are very sticky, and there's a lot of upward pressure on wages. The other thing h t hasn't fully played out is rents. Te rents have been indicating very low inflation until lately. And the feds owner equivalent rent is really kind of a bogus thing. But regardless, rents are now storing to rea kick end. So i think the fed is going to have a problem, what i call the r e w problem, rue of rents, energy and wages as we go in to two thousand 22. They told us itit was a temporary inflation. Well, david, i can't thank you enough for a terrific interview. I will be back right after this
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