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Yemani Mason argues that trillions in stimulus and PPP funding made inflation inevitable, then explains why remote work has stuck around: companies discovered employees are just as productive, or more so, working from home.
Yemani Mason argues that trillions in stimulus and PPP funding made inflation inevitable, then explains why remote work has stuck around: companies discovered employees are just as productive, or more so, working from home.
It's the reality of the situation, you know. Um, you know, you, you, you put, you know, trillions of dollars into the economy and what do you expect is going to happen? Inflation is just inevitable at that point. And so in our market, and in our last episode, what we were referring to specifically is there's been an influx of money dumped into this economy by way of, you know, the trillions of dollars that was pumped in through all these stimulus programs and PPP money, right? And then secondly, you know, you have an influx of people who are now working remote, right? And companies that have figured out that people can work just as much remote, if not even more efficiently, right? Because there are really no lines between work and home at that point, right? Which for most companies has seen people's productivity actually increase.
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