
The Causes And Effects Of Today's Inflation, With Raghuram Rajan
Capitalisn't
Retare vs Employer of Maa
Top 20% of people in the incom distribution benefits, and bottom 50 % loses. Who is more political influential? All right, the top. So i thought you gment was that a broader swoth of americans benefited from higher inflation than than we thought. I don't think the swoth is very broad at all. But thos to think about the groups that tend to be very influential inthe political system. Number one, are the oldte rich people. And ten we already said number two, they tend to be the older people. Why? Because they're more time and labor.
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