Re:NY Fed rescues overnight lending market with $53B
by cm2187 on Wednesday September 18, 2019 @03:57AM
(#21003216)
Actually I read that in period of high inflation, the factory workers tend to do OK. They are often unionised, have leverage by doing strikes, they typically manage to keep their wages in check with inflation. It is office workers that are going to be the most impacted.
Though that was from experience from times where there wasn’t this imbalance between supply and demand between blue collar (excess) and white collar (shortage).
Though that was from experience from times where there wasn’t this imbalance between supply and demand between blue collar (excess) and white collar (shortage).