2min chapter

Forward Guidance cover image

David Rubenstein, Billionaire Investor Who Hired Jay Powell, On What Makes A Great Investor

Forward Guidance

CHAPTER

I Don't Think Inflation Is So Transitory

In the 1970s, 25% of our workforce in the United States was unionized. Now it's maybe 10%. The rise of China as a producer of so many products has been a big factor. Today, I would say that the inflation rate is probably going to be coming down because we're not faced with crises that produce higher inflation.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode