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Bloomberg: Markets Better Prepare for Stagflation
invite response
2018 Apr 25, 9:46am 1,480 views 3 comments
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1
mmmarvel
2018 Apr 25, 10:39am
Dunno - I think the automated self-driving trucks is much ado about not alot, at least right now. Maybe in 10, 20 years, but right now truck drivers are hard to find. I agree that we are in one of our typical cycles, there is an increase in prices which leads to an increase in production. Then there is too much produced which leads to lower of price, decrease of production, decrease (temporarily) of employment. And the cycle repeats itself.
2
Heraclitusstudent
2018 Apr 25, 11:24am
Heraclitusstudent
2018 Apr 25, 11:24am
https://www.techplz.com/amazon-go-store-wheres-cashier-clerk-unemployment-increase-due-automation/175993/
"After shopping, customers can simply leave the store; the system will automatically process all the items, charge your credit card, and send you a receipt online. "
"many believe that the technology will soon bring about the end of the traditional store clerk, and will mean the loss of millions of jobs in the US."
"After shopping, customers can simply leave the store; the system will automatically process all the items, charge your credit card, and send you a receipt online. "
"many believe that the technology will soon bring about the end of the traditional store clerk, and will mean the loss of millions of jobs in the US."
3
RWSGFY
2018 Apr 25, 11:50am
RWSGFY
2018 Apr 25, 11:50am
Self-driving trucks is nice and dandy, but how come we still don't have self-driving trains? Seems like a much lower-hanging fruit but it doesn't look like anybody is trying to pick it.
Imagine that: the end of assets inflation, the collapse of multiples.... wage inflation!
The horror!
Unfortunately I think this fear is unfounded:
- technology may automate things like driving trucks and retail clerks
- the world is still growing by increasing debts. A sure sign that we are solidly anchored in a deflationary environment and what we are seeing are just cyclical noises.
Increases in rates will kill the cycle, and we will go back to normal.