The Logical Leftist
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Bank Economist BUSTS Myth About Inflation
Posted
November 4, 2022
Views
2,327
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272
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13.45%
November 4, 2022
2,327
272
41
13.45%
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9:36Now PlayingThe chief economist at the global investment bank UBS, the world's largest wealth manager, argued in an op-ed for the Financial Times on Wednesday that inflation in the United States "is more a product of profits than wages" and criticized Federal Reserve Chair Jerome Powell for refusing to acknowledge that fact as he plows ahead with massive interest rate hikes.
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