How Fiscal Hawks Are Using Inflation as an Excuse to Tamp Down Worker Power
The Intercept Briefing
Are We Going to Bring Down Inflation or Wage Growth?
Bank of america's wealthy clients worry that wage growth is going up and inflation is going up. John, you've been researching the history of the federal reserve. Can you place their current thinking in the context of history and how they've worked over the past few decades yet? Ify, i think the message needs to be out right now; we can't get out from five years of unemployment above five % without having one year of inflation at ten per cent or more. But i'm so struck by how darry larry somersfield thinks that he has a pretty good shot at being king, which I guess tht isn't very likely.
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