Inflation Will Persist Above the Fed's Comfort Level: Naomi Fink
The Contrarian Investor Podcast
The Long Term Prospects of Inflation
Consumers are pulling back on big discretionary item purchases. That might be indicative more of the business cycle simply because if we're looking at the pure influence of inflation, you should be bringing forwards a lot of those purchases. I think that companies are going to have to innovate in order to deal with higher trend inflation and less predictable inflation. They can't just rely on the same downward trends, whether it's globalization or Moore's law or all of these very reliable predictable trends for the last decade. Companies are probably going to be going to be dealing with a skills shortage for quite some time. Alongside the decline in prices over the last couple of decades, we've seen this decline in labor share
Remember Everything You Learn from Podcasts
