The Federal Reserve chain-weights inflation calculations, which masks the true real wage decline that workers experience; real wages have been 'massively negative' even though the Fed does not explicitly state this, because asset prices far exceed wage growth
factualpending
Speaker
Kyle BassEvidence Quote
“because they chain weighted inflation... asset prices have extended themselves to where it's not conducive to procreation and families... real wages have been massively negative”
Source
Global Macro Investing And Geoeconomics With Hedge Fund Investor Kyle Bass | Hoover Institution— Hoover InstitutionCreated: 8/11/2026, 7:32:16 AM
My Notes
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