Greenspan Isn't Worried -- Yet


FAT MARGINS. Together, these factors should restrain salary increases. That's crucial to preventing an inflationary wage-price spiral. Since labor accounts for about 70% of business expenses, a rise there would be far worse for the economy than the price hikes now seen in commodity markets or consumer goods.


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus