Particularly with the recent jump through energy costs, real wages have fallen behind a little bit. The financial markets are too quick to assume that higher wages result in inflation. That's not true at all.
Particularly with the recent jump through energy costs, real wages have fallen behind a little bit. The financial markets are too quick to assume that higher wages result in inflation. That's not true at all.
Mickey Levy, chief economist for Bank of America said the money that will pour in may more than make up for the hits New York will take in finance, tourism and retail. The rebuilding will take place and be financed by federal and local authorities, ... New York will still be the most important city in the world.
© 2020 Inspirational Stories
© 2020 Inspirational Stories