Why Is Core Inflation So Low Compared To Previous Business Cycles? The Consumer Price Index Less Food & Energy (Core CPI) is very low compared to previous business cycles in the US, for several reasons: – not fast-rising money supply – globalization: inflation is a global phenomenon – lack of wage acceleration – increase in…
What Will Cause The Next Recession – Paul Krugman On UBI And More Nobel Prize-winning economist Paul Krugman speaks about the next recession, income inequality vs. growth, wages, universal basic income (UBI), redistribution and geographic inequality. https://www.youtube.com/watch?v=Ja2PY2CnpOQ
Why U.S. Productivity Is Lower Than Previous Business Cycles? The real yield is the most important measure of financial tightness. But as the real yield is near zero, artificially low interest rates are then associated with unnecessary debt, zombie firms and lower productivity than previous business cycles. Zombie firms cannot invest, innovate and increase productivity. …
Ray Dalio, Founder and Chairman, Bridgewater Associates In this video at Stanford Graduate School of Business, Ray Dalio discusses his life and career, principles, relationship, conflicts with other nations, increasing wage gap in the U.S. and more. “Just generally as an entrepreneur, you have to think differently in order to be successful. There’s a high…