El-Erian Says US Can Accommodate 4% Wage Growth

The transcript discusses the importance of not focusing solely on wage growth as a driver of inflation. It argues that the economy can accommodate wage growth for lower-paid employees if productivity increases and supply-side measures are taken. The speaker stresses the need for a broader economic debate that includes productivity and growth, highlighting the issue of rising inequality.

What does the speaker suggest should be included in the debate about inflation?

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What is the speaker's view on the levels of inequality in the economy?

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