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Max Kennerly /
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2023-08-11 16:28:32

Max Kennerly on Nostr: Funny thing: the employment-population ratio is still below where it was before ...

Funny thing: the employment-population ratio is still below where it was before COVID, so 'too much employment' can't be driving inflation, while the dramatic rise in corporate profits as a share of GDP is closely correlated with higher CPI.

But sure Larry Summers, go off.

https://twitter.com/zachdcarter/status/1689981391130300416



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