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?

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