Amarin Corp Plc (AMRN)

[Will Lar]

kiwi - the confusion for you here is inflation vs. productivity. Your iPhone example is a good case of innovation increasing productivity. However inflation is a complete different concept. https://www.joc.com/productivity-and-inflation_19980603.html

Productivity growth is a real phenomenon. But as economist Milton Friedman, the Nobel laureate, has observed, inflation is always and everywhere a monetary phenomenon.

The problem we're facing in 2020 is that the productivity is down because of COVID lockdown, but more money is printed. On top of that, Fed reserve can no longer lower interest rate to stimulate economy which it has been relying on for decades, because the current rate is almost zero. So Fed is trying a new approach, and no one knows how it's going to work! Buckle up Amarin and JT for going into 2021.

https://www.wsj.com/articles/fed-weighs-abandoning-pre-emptive-rate-moves-to-curb-inflation-11596360600

https://www.wsj.com/articles/shrinking-influence-of-central-banks-ends-decades-of-business-as-usual-11579103829


Btw, I went to b-school (a good one too) and both micro- and macro-econ were requirements. But it doesn't matter whether you or I took those classes. What matters regarding Amarin is whether JT took these classes!