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Soft Landing (EP.269)

Animal Spirits Podcast

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Are These Wages Going to Go Back Down?

Wages are up four %, but inflation takes all of it away. What if these wages don't stop going down and continue to push inflation higher? That's the worry,. is that other things can come down, wages are never coeg. The year over year change in the cost to ship af forty foot container from shankhai to los angeles has dropped negatve 32%. And then the big one, the big, big, big ones, are gas prices. I'm just about under four dollars, sir. What are they down for? Like we've benthere? Fee ba, treight days.

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