Mark Blyth
speaker
294 appearances
3 recordings
3 series
first heard Aug 2024
last heard 3 Jul
Mark Blyth’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
It's very, very difficult.
I mean, we are now in a world that we haven't inhabited for about 30 to 40 years.
For the past 30 to 40 years, whether it was good central bank policy, I'm skeptical on that one, or whether it was China and Eastern Europe joining the global labor market and adding 600 million workers and pushing down prices and wages.
Whether it was technology, the inventor of containerization on ships, the IT revolution, prices went down and down and down.
And all the factors that made that happen have now gone into reverse.
So we're looking at structurally higher prices, plus adding the effects of climate change on food supplies, which we're already just beginning to see.
And what we're going to have is higher prices going forward.
No government has a good answer to this because of what we just talked about.
which is basically it's so skewed.
If you're in the top 20%, you don't care.
You're cushioned against all this.
You're in the bottom 20 or 40%.
This hits you every day.
And basically, we've allowed the world to become so unequal.
This is when the payback comes for allowing that inequality.
Whoever happens to be in power, regardless of who they are.
Well, they're certainly going to get a bloody nose over the critical fallout over AI data centres.
The fact that it's pushing up electricity bills 20% in some states.
The fact that the Republican Party is completely in hock to half a dozen men whose basic policy seems to be to make half the country unemployed.
So, yeah, that would definitely hurt them.
Showing 61–80 of 294 · page 4 of 15
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