Why high inflation is misery: Michael Knox, Morgans Chief Economist

from Michael Knox, Morgans Chief Economist · host Morgans Financial Limited

High Inflation drives down real wages.The result of all this stimulus is that US unemployment in December fell to 3.9%. This is full employment on any measure. At this level of a low unemployment, the US economy is running out of people to give extra jobs to.Check out more from Morgans:Visit the Morgans website: www.morgans.com.auCheck out our blog: www.morgans.com.au/BlogOn Facebook: www.facebook.com/MorgansAUOn Instagram: www.instagram.com/Morgans.AustraliaOn Twitter: twitter.com/MorgansAU

Episode metadata supplied by the publisher feed · Published Feb 2, 2022

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Why high inflation is misery: Michael Knox, Morgans Chief Economist

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