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Behind The Markets Podcast: Skanda Amarnath

Behind the Markets Podcast

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Real Wage - Is That a Good Idea?

There's a lot of different problems that get missed with these real wage metrics. A poor person does not consume the same basket that a wealthy person does. We do need inflation looks different across the distribution and so does income gains and wealth gains especially liquid wealth. People who tend to have the lowest cash balances on average saw a pretty big bump up around 2020 and 2021.

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