Re:American Equity
by dnautics on Monday November 27, 2017 @04:34PM
(#15791665)
And that mechanism doesn't work, unless their salaries don't keep up with inflation. Notably, this relationship is asymmetric, since there is no corresponding way to increase labor wages without giving a pay raise.
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Salaries can grow faster than inflation at other times, keeping them aligned over the long term.