Economic Growth, Wages, and Incomes in the High-Price Era
The year 2023 has proven quite inflationary, as a confluence of factors has driven up the prices of goods and services globally. Supply chain disruptions lingering from the pandemic, tight labor markets, pent-up consumer demand, and expansive fiscal policies have all contributed to inflation, reaching 6.9% in September.[1] Economists remain divided on whether this inflation […]
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