Video

Former Aerospace VP Weighs in on Peter Zeihan’s Predictions

aPriori Executive Advisory Board Member and former aerospace industry VP, John Pilla, shares his reaction to Peter Zeihan’s prediction of persistent inflation over the next decade, which sparked discussion among MIC’23 participants, particularly in the context of historical low inflation in American manufacturing.

Pilla reflected on the shift from abundant labor and easy access to capital to the current scenario of a dwindling labor pool and capital scarcity, attributing these factors to the current inflationary trends. While acknowledging the discomfort of a projected 6% inflation, he expressed skepticism about a swift government intervention to curb it, highlighting the broader economic shifts Zeihan discussed during his keynote presentation, including changes in global economic power and future inflation expectations for manufacturers.

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