#012 Jim Bianco: This Is The New Normal. Get Used To It.
The Julia La Roche Show
00:00
The Future of Inflation
I've been, you know, basically since 2020 arguing that inflation was going to come back and it was going to be persistent. With 6.5% in March, it could still sneak out a new high before the end of the year. I think it's going to go back to three, four, four and a half or something along those lines. Why? Because what were the drivers that kept inflation at bay? The first one is being really challenged with reshoring. Labor shortage or labor that management had the upper end to hold down labor either through immigration or through globalization, that's changing. Work from home also has another thing too: When you have more time at home or remotely
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