2min chapter

The Macro Trading Floor cover image

Mike Green: The Fed's Already Breaking Markets

The Macro Trading Floor

CHAPTER

The Price of Transition Towards Green Society

I think there is more to that argument, a especially given the discussion we also had with mike on the price of transition towards green society. I mean, we've had dur political issues forcing us to bring forward a transition to warde, green society that is costly. And thereforei i basically put more emphasis on that argument compared to the long term equilibrium real rates. So i'm a bit porsplit on that question. Nevertheless, by the way, it doesn't help real wages then to go up and feed this inflation loop mechanism. You're only talking about a constraint when it comes to investment. Whell the production of this green commodities we need to green the economy against

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