19 June Inflation Versus Unemployment (...retired people...)

[Paul Terlemezian]

The assertion here is that inflation is a higher threat to people on fixed incomes (retirees) than the concern about unemployment.

 

Does this also apply to knowledge?

 

Is the requirement for new knowledge in order to "function" a threat to "older" workers?

 

Is resistance to change more evident in older workers than younger workers?

 

If inflation means that it costs more to buy something than it used to cost to buy the same thing then perhaps there is a concept such as knowledge inflation.

 

Does it take more time to learn how to send an email than it takes to learn how to write a letter?

Is there a different "cost" if I am learning for the first time as opposed to learning "again?"

 

In another sense we've heard about "grade inflation." Just like a dollar "isn't a dollar anymore" is an "A" still an "A."  Are there any pressures in the corporate world to be concerned about "performance inflation?"

 

How will the training world deal with this internally and externally?