Economist Aleman Seeks Wage Support for Inflation

The transcript discusses the current state of inflation, highlighting a 1.8% year advance and the need for higher inflation. It addresses wage issues, noting low expectations and the need for income support to strengthen real PC. The conversation also touches on economic pressures, with high employment but low productivity, and the unsustainable nature of the current savings rate. The need for wage pressures to ensure sustainable growth and consumer support is emphasized.

What is the current year advance in inflation mentioned in the video?

• 1.5%

• 1.8%

• 2.0%

• 2.5%

Why is the current inflation rate not sufficient to change the Federal Reserve's policy?

• Because it is below 2%

• Because it is not related to the Federal Reserve's policy

• Because it is above 2%

• Because it is exactly 2%

What is needed for real personal consumption to strengthen according to the video?

• Lower interest rates

• More support from the income side

• Higher inflation

• More government spending

What is the current trend in hourly earnings adjusted for inflation?

• Deceleration in gains

• Acceleration in gains

• No change in gains

• Significant increase in gains

What is the current state of the unemployment rate as mentioned in the video?

• High and increasing

• Low and decreasing

• Very low, close to all-time low

• Moderate and stable