What Adrian Orr just learned about the global economy
When the Facts Change
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Productivity Growth
productivity and anper capital growth will be back to a steady state level of what we saw pre covert. So that's quite a good story on productivity. And typically when you have productivity growth, that's actually good for inflation. You know, the labor force of china has now bein discovered and is now being embedded. We're missing that that big free lunch we had for a while around just more and more people doing the same thing. Now we have to either do the same thing better or better things.
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