"Our Conviction Is Very High"
Real Vision: Finance & Investing
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Inflation Is Become Intrenched
I think that inflation now, you know, people talk about the word intrenched. It's been going on for somewhere around a year and a half. And so in order to get inflation down, it doesn't magically come down on its own when it's this high for this long. So as people have fewer assets, less wage growth and more people are unemployed, then demand to pay those prices goes down. That's how there will be a shake up in the economy,. To getflation down, you have to get acid prices lower. You have to get wealth lower, unemployment up.
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