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15min chapter
'Vast Majority' Of Investors Unprepared For Coming Higher Levels Of Inflation & Risk | Bob Elliott
Thoughtful Money with Adam Taggart
The Role of Nominal Wage Growth in the Economic Cycle
The chapter explores how the current economic growth is driven by nominal wage growth, rather than asset prices or credit expansion. It discusses the impact of positive nominal wage growth on the economy, household finances, and company profitability.
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