From the end of the 1980s to 2020, an increase in the number of workers in advanced economies combined with globalization and manufacturing labor availability kept inflation low, while rising inequality concentrated gains.

factualpending

Speaker

Charles Goodhart

Evidence Quote

There was an increase in the number of workers in many advanced economies... there was a very considerable increase in the availability... of labor. And that meant that inflation was low, but at the expense of rising inequality.

Source

The coming demographics earthquake ft. prof Charles GoodhartMoney & Macro Talks
Created: 8/12/2026, 6:30:58 PM

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