
Ep 361. Recent Inflation Print, Bear Market, and Focusing on Settled Industries
Focused Compounding
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What's the Cause of the Inflation in Japan?
i think the fed thought that, an economist, thought that inflation was low, and stable. And i think there's strong evidence that thers was less volatility. Um, so i think everyone leaving jobs and going to other job bsence of it, is mainly what caused it. I'v thought that's about japan for a while. For instance, i think the biggest issue is that they have such little turnover in like business creation,. nd destruction the early part of the labor force. So only thre's a particular lot of reason why these shocks could have caused something like this.
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