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A comment on US unemployment has been under 4% for the longest streak since the Vietnam War. Parent comment
The impact of that chart on real prices means that it would take about two decades for people to have the same economic power as they did before the pandemic.
Let's not forget that we have price misalignment because of a decade of zero interest.
https://www.cnbc.com/2023/12/08/excess-profits-of-big-firms-...
And wages did not increase at the same rate as corporate profit taking.
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The impact of that chart on real prices means that it would take about two decades for people to have the same economic power as they did before the pandemic.
Let's not forget that we have price misalignment because of a decade of zero interest.
https://www.cnbc.com/2023/12/08/excess-profits-of-big-firms-...
And wages did not increase at the same rate as corporate profit taking.