5min chapter

The Macro Trading Floor cover image

Russell Clark: Brace For Structurally Higher Inflation

The Macro Trading Floor

CHAPTER

The Great Depression Was a Period of Prefering Capital Over Labor

After the great depression, people voted for left wing governments. And then after the seventies, when they stopped work in union became too strong, stuffed in work,. People voted for the souveni classical policies. So i would say from two thousand 16 onwards, we had a big shift. Ams, i'll just finish thi say why i think we're in the regime changeo Three things have happened in two thousand 16, which i think have indicated a regime change. We now see more and more signs of it everywhere we look. Ight? Why did the ystem change? And whyt transaye?"

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