News for hackers. Stuff that matters.

A comment on Inbound container volumes to the US are reverting to pre-pandemic levels. Parent comment

Re:Inbound container volumes to the US are reverting to pre-... by zaptheimpaler on Tuesday June 07, 2022 @03:24PM (#31658953)
Its incredible to me how more people don't revolt just watching Powell talk. He flat out does not acknowledge the possibility that wages should rise due to increased productivity. Any wage increase is just a sign of inflation.
[ Parent | on HN ]
Re:Inbound container volumes to the US are reverting to pre-... by coliveira on Tuesday June 07, 2022 @05:25PM (#31660274)
The whole goal of the Fed is to keep salaries down. The reason is that inflation is measured only on household items that can be bought by low income families. You don't see the Fed worrying about inflation in housing, in stocks, and investments in general. That inflation they consider to be good.
[ Parent | on HN ]