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Jan Hatzius on the Narrow Path to Avoid a Hard Landing
Odd Lots
Is There a Slowdown in the Supply of Commodities?
The last decade of the dominant economic phenomenon to some extent was slack, and there was always ample workers ready to be hired. Does that change what this next decade is going to be like? And does it impose a lower speed limit on what growth can be in the years ahead? Ye, i think it potentially does. Of course, there will be in our substitution, and er will be innovation and, but, you know, whatever constraint exists in in the short term can be relieved via investment and in our ingenuity.
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