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Grant Williams: Systemic Risk Intensifying, Gold vs. S&P 500 & Hesitations Around Bitcoin
Coin Stories with Natalie Brunell
Questioning the Reliability of Inflation Measures and Wage Adjustments
The velocity of money is not working well and inflation measures like the CPI are being questioned, as adjustments to the CPI calculations consistently lower the reported inflation rate. This has led to a lack of trust in official inflation figures, prompting people to demand higher wages to offset the real inflation rate. This shift in wage negotiations is deemed dangerous as wage price hikes are unlikely to decrease once implemented.
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