Re:Why I will never pursue cheating again
by lyudmil on Monday July 18, 2011 @01:54AM
(#2775256)
Getting a raise less than the rate of inflation is losing money. His purchasing power declined.
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The article does not make the claim that his raise was lower than the rate of inflation. If it was, then yes, it was effectively losing money.
From the article: "my yearly salary increase was the lowest ever, and significantly lower than inflation"