2min chapter

The Compound and Friends cover image

We Just Might Pull This Off

The Compound and Friends

CHAPTER

What's Craven?

This has been a systemic pullback going back to the interest rates and inflation argument. The way people spend the cost of shelter, that whole wage price spiral thing is predicated on whether there's going to be slack in the labor force or not. And unfortunately for the Fed, I think millions of people stop working forever during the pandemic. So that labor thing is going to be tough for a while.

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