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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.
Re:American Equity by kgwgk on Monday November 27, 2017 @04:49PM (#15791807)
Salaries can grow faster than inflation at other times, keeping them aligned over the long term.
Re:American Equity by dnautics on Monday November 27, 2017 @05:52PM (#15792423)
you've never been poor, have you?