WAGES, PROFITS AND PRICES. Shaping the arguments in the ‘second-effects’ driving inflation.

One Response to WAGES, PROFITS AND PRICES. Shaping the arguments in the ‘second-effects’ driving inflation.

1. David Melnychuk says:

   June 3, 2023 at 6:35 pm

   I think you make some salient and important points on the changing nature of inflation and are probably closer to the truth than most commentaries coming from the left.It is interesting to note that even in the face of a so-called “stellar” jobs report the FED has strongly hinted it will pause future rate hikes which on face would appear counterintuitive.Pretty much a further demonstration that “official” stats are to be consumed with large helpings of salt.The one question I would have on inflation is the effect of re and near shoring which I would think would result in increased core inflation.

   Reply