AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Opposite of Inflation
4.4 million workers, a record number, left the workforce last month. Many are just saying, I don't want out. I'm out of dodge. And there are some people saying that that's deflationary. But if 4.4 million are quitting their job, that could be inflationary because they're saying, no. The clearing price for my labor is higher than what I'm getting.