Capital Flows and Asset Markets

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Capital Flows and Asset Markets
THE COLLAPSE OF SOCIALISM, WAGE INFLATION AND FOOD INFLATION
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THE COLLAPSE OF SOCIALISM, WAGE INFLATION AND FOOD INFLATION

If Chinese policymakers are looking to promote growth, they could look at the US in the 1930s for ideas.

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Russell Clark
Mar 26, 2021
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Capital Flows and Asset Markets
THE COLLAPSE OF SOCIALISM, WAGE INFLATION AND FOOD INFLATION
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After World War II, and the rise of socialism, it became a political imperative to improve workers’ incomes. However, as the world moved from socialism in the 1970’s and 1980’s to globalisation, US a…

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