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A comment on Inflation rises 7.5% over past year, more than expected and highest since 1982. Parent comment

Re:Inflation rises 7.5% over past year, more than expected a... by bladegash on Thursday February 10, 2022 @10:13AM (#30287222)
If I am understanding the numbers correctly, I am pretty sure inflation adjusted wage growth outpaced inflation (barely), so assuming both trends continue, it’ll just be a wash.
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Re:Inflation rises 7.5% over past year, more than expected a... by mcguire on Thursday February 10, 2022 @10:32AM (#30287538)
Hypotheses: wage growth and inflation (ignoring monetary policy for the moment) are if not the same thing, tightly coupled.

The effects of anti-inflation policy since the 1980s have been a major component of flat wages since then.

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Re:Inflation rises 7.5% over past year, more than expected a... by bladegash on Thursday February 10, 2022 @10:39AM (#30287673)
I think that is a perfectly reasonable and likely hypothesis. It would make sense for prices to rise simultaneous to wages, as companies are not cutting their profit margins out of the goodness of their hearts to pay increased wages.
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Re:Inflation rises 7.5% over past year, more than expected a... by hmate9 on Thursday February 10, 2022 @10:26AM (#30287435)
real wages are not keeping up with inflation
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Re:Inflation rises 7.5% over past year, more than expected a... by bladegash on Thursday February 10, 2022 @10:32AM (#30287535)
What is your source? From the article:

“ The burst in inflation has muted the sizeable earnings growth workers have seen. Real average hourly earnings rose just 0.1% for the month, as the 0.7% monthly gain in wages was almost completely wiped out by the 0.6% inflation gain.”

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Re:Inflation rises 7.5% over past year, more than expected a... by bitshiftfaced on Thursday February 10, 2022 @06:40PM (#30294469)
Real median wages is a good indicator of what most people are going through:

https://fred.stlouisfed.org/series/LES1252881600Q

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