Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How Labor Hoarding Fuels Modern Stagflation
Lucas and Luna examine why companies like Berkshire Hathaway and Microsoft are keeping staff even as hiring slows, creating a wage-price spiral. They analyze September payroll data showing only twenty-nine thousand new jobs against thirty-seven billion dollars in average hourly earnings to reveal how labor hoarding distorts productivity metrics. The conversation explores whether this structural rigidity in the workforce is the primary engine of persistent inflationary pressure in October 2026.
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