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D0uble Tr0uble
Bloomberg Television
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Comments by "D0uble Tr0uble" (@popcorn6931) on "Mohamed El-Erian Previews Powell's Jackson Hole Speech" video.
Employment inflation is high because its driven by rising rents among other things which mean job seekers can't afford a low paying jobs, which means high turnover everytime someone get a .25 cent increase in job offers. You need to flush off the excess liquidity in the market - not at construction companies but those that can afford to buy with cash such as chinese investors.
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