
(Mis)interpreting the Fed
What Goes Up
What Do You Think About Inflation?
Inflation peaked in the early 80s under Volcker. Reagan moved more towards a supply side economics type of solution. globalization is now in de-globalization effectively. We're not offshoring production, we're onshoring production. The only thing that solves this problem is higher business productivity,. Productivity is output per hours work.
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