AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
155. Deciphering the economy’s mixed signals
Inside the Strategy Room
The Impact of Inflation on Consumer Behavior
Ezra Cummings: We have peaked in inflation. That is no longer increasing. In the US, literally 21 million people lost their jobs between March and April of 2020. I like to say that the labor market is supply chain with feelings. It doesn't get a pound back. The UK is that didn't take quite a big hit as the US and the labor market because of the structure there. Then you can see a very stark difference between Italy, Germany, where regulations and how things work are very, very much different. There was much less of an initial shock, but also we need to realize that in continental Europe, the way wage negotiations happen in the land, some contracts,
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode