The Truth About Inflation Quotes

“In an advanced industrialised economy inflation is overwhelmingly a matter of domestic labour costs. There may be periods when the ratios change, but on average inflation is around 60–65 per cent labour (because payments to labour are the equivalent of around 60–65 per cent of corporate value added in an economy).”
― Paul Donovan, The Truth About Inflation

“being”
― Paul Donovan, The Truth About Inflation