Arin Dube says 1970s supply shocks fueled wider inflation because COLA-linked union contracts turned them into wage-price spirals. Today, with under 6% of priva

BWB News TV • 2026-11-13 22:06 UTC • By Billy Odell Tucker-Robinson

Arin Dube says 1970s supply shocks fueled wider inflation because COLA-linked union contracts turned them into wage-price spirals. Today, with under 6% of private-sector workers covered by such clauses, that risk is much weaker.

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