It Was the Best of Times, It Was the Worst of Times, Part 2 copertina

It Was the Best of Times, It Was the Worst of Times, Part 2

It Was the Best of Times, It Was the Worst of Times, Part 2

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Lots of ways we can split this. Much has been discussed about decoupling of wages from productivity. 


Also note we are absolutely not going to get into 2022. But it’s clear the price increases since the pandemic (due to supply shortages, super aggressive monetary policy, gasoline ,and other drivers of inflation) are really eating into real wages.



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