
MacroVoices #301 Julian Brigden: There‘s Behind the Curve and There‘s This
Macro Voices
00:00
We're Trying to Push Through 34 % Higher Goods Demand
The Fed is trying to push through 34 % higher goods demand than prior to covet this. Even if everyone came back into the labor force, even if those four percent of crypto retares decided that they really wanted a part time job working at mac donald's, there would still be too much aggregate demand out there. This stimulus is working through the system. It doesn't just dissipate overnight. I mean, his numbers eric are inordinate, inordinate. We'll just blew out m two at almost 30 % per annum. Where does that money go? The answer is not for wages that you're trying to pay. What we've done is we have created too much
Transcript
Play full episode