Re:Federal Reserve Now Projects Rate Increases in 2023 as Ec...
by cheeseomlit on Wednesday June 16, 2021 @04:36PM
(#27533182)
But I'm not getting a dollar more, I'm just getting charged a dollar extra. Wages will never actually keep up with inflation, they certainly haven't thus far. In part because government inflation statistics are not trustworthy
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Re:Federal Reserve Now Projects Rate Increases in 2023 as Ec...
by xapata on Wednesday June 16, 2021 @05:32PM
(#27533719)
Government inflation statistics do report that wages have inflated more slowly than a consumption basket since the 70s, on average.
If you want to talk about consumer price inflation as distinct from wage inflation, do so, but be specific.