MI248: Inflation is Here to Stay w/ Tavi Costa
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Cap X Trends Are at Historical Lows
We've been through a 30 year declining rate of growth in wages and salaries. So it's very likely that we're at the beginning of a secular trend to the upside on this metric. We put all capital onto technology and other parts of the economy, crypto and so forth. And we forgot about basic necessities like natural resources. The fourth one is probably the most important one, which is when you start having issues with inflation, it creates social unrest.
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