Comments by "Greg Greg" (@SlowhandGreg) on "Mohamed El-Erian: The Fed should recognize it was caught 'massively offsides'" video.

  1. We don't have a recession the economy is booming which is part of the reason we have a higher than anticipated inflation rate
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  2.  @mspaic10  2% inflation means stagnation in wage growth especially at the bottom, the labour shortages means realignment from a low wage economy with added few points of inflation + oil prices anyway it should settle fairly quickly
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  3. Ultra low inflation means no wage growth a tight labour market there's a labour shortage across the board business is booming in numerous areas and the first jobs to go are casual and gig economy
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  4. The economy is booming not because of quantative easing that will have an effect 2/3 years down the line
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