Re:Global capital is the tail that wags the U.S. economic dog
by ClumsyPilot on Friday October 02, 2020 @01:27PM
(#24664869)
>"If I can buy more stuff with the same salary, hasn't my salary effectively gone up?"
That would be deflation, but we've actually had inflation over the past decades. We can ofcourse discuss how wrll we are measuring it, but generally speaking some life necessities like housing have skyrocketed in price.
That would be deflation, but we've actually had inflation over the past decades. We can ofcourse discuss how wrll we are measuring it, but generally speaking some life necessities like housing have skyrocketed in price.