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A comment on The rich are hoarding economic growth. Parent comment

Re:The rich are hoarding economic growth by johngarrison on Sunday August 20, 2017 @07:46PM (#15060875)
Not if inflation is 3-4% per year.
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Re:The rich are hoarding economic growth by sokoloff on Sunday August 20, 2017 @07:48PM (#15060889)
Real income growth is, by definition, after accounting for inflation.

The opposing term is "nominal income growth" which does not account for inflation.

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Re:The rich are hoarding economic growth by WaxProlix on Sunday August 20, 2017 @07:48PM (#15060892)
He said 'real' income growth, which I take to mean adjusted for inflation and maybe also various cost of living increases/decreases.
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Re:The rich are hoarding economic growth by kevinnk on Sunday August 20, 2017 @07:48PM (#15060890)
"Real income growth" is the growth in income post inflation.
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Re:The rich are hoarding economic growth by Sophistifunk on Sunday August 20, 2017 @08:23PM (#15061056)
And even less so if "inflation" has been redefined specifically to be lower, in order to reduce the amount of real money that needs to go into social security.
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