Hedgeye Podcasts cover image

Ep.116 Real Conversations: Judy Shelton, Senior Fellow, Independent Institute

Hedgeye Podcasts

NOTE

Reality vs. Perception: Wages and Inflation

A disconnect exists between how workers and economists perceive wage increases relative to inflation. Workers may accept nominal raises that match inflation, recognizing the challenging context, while economists express dissatisfaction with such arrangements, indicating a difference in economic understanding. This highlights a broader critique of economic elites, who may underestimate the perspectives of the average worker regarding wage adjustments and purchasing power, as evidenced by reactions during a survey at a central banking meeting.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner