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0 sats \ 0 replies \ @optimism 8h \ parent \ on: Uncommon Opinion: Tariffs are for Free Trade (Financial Times, Oren Cass) econ
If everyone else was doing ZIRP first and the Fed was forced to because all the other printers were doing brrr, then yes. That's not how I perceived it - rather the contrary - during those years but I may very well be observing it wrong.
However, ZIRP causing it or not, i still find it likely that such wage increase has an internal cause rather than an external one, but I need to do more research for that.