TIP424: How to Finance The Next American Century w/ Richard Duncan
We Study Billionaires - The Investor’s Podcast Network
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Globalization's Impact on U.S. Inflation and Workforce Dynamics
This chapter explores the historical evolution of inflation rates in the U.S. against the backdrop of globalization and trade deficits since the 1980s. It highlights the shift from a gold standard to reliance on paper money, examining how recent events, including COVID-19, have introduced inflationary pressures and supply chain challenges. Additionally, the chapter discusses workforce changes post-pandemic, emphasizing labor's newfound leverage and the importance of balanced regulation in addressing ongoing supply chain issues.
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