
#012 Jim Bianco: This Is The New Normal. Get Used To It.
The Julia La Roche Show
00:00
The Moral Hazard of Excess Demand
"There's a moral hazard there, right? We had a near-death experience and I made money is basically what happened," he says. "I think that if my boss tells me I got to come back to the office five days a week, I quit." The average salary in the United States is $54,000. More people made more money on their home going up in value in the 12 months ending in June than they did their job. 'What happens when everything hits the fan and it gets ugly? There'll be plenty of cheques in their mailbox'
Transcript
Play full episode