Like, I don't really get why people are so worried. Wages are going up, employment is going up, and the price of assets are coming down. This is pretty good for most of the population.
It's really only the small fraction (of which I am a member) that have equities that have really lost anything.
Inflation is still reasonably low, so PPP is going up. I just don't get it.
Mind you, a few years back I didn't really understand how unemployment was bad, wages were poor, asset prices were too damn high and everyone was talking about this "recovery".
I probably just don't understand macroeconomics, I guess :)
It's really only the small fraction (of which I am a member) that have equities that have really lost anything.
Inflation is still reasonably low, so PPP is going up. I just don't get it.
Mind you, a few years back I didn't really understand how unemployment was bad, wages were poor, asset prices were too damn high and everyone was talking about this "recovery".
I probably just don't understand macroeconomics, I guess :)