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A comment on Wages climbed 5%, a still-rapid pace as Fed awaits slowdown. Parent comment

Re:Wages climbed 5%, a still-rapid pace as Fed awaits slowdown by nabla9 on Sunday July 10, 2022 @12:47PM (#32046327)
Fed's concern is only the part of inflation that

1) it can change, and

2) is self sustaining.

Only that part of inflation that goes trough wages is self sustaining for a long term. If wages don't increase, demand decreases when people can't afford to pay.

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Re:Wages climbed 5%, a still-rapid pace as Fed awaits slowdown by cute_boi on Sunday July 10, 2022 @02:47PM (#32047617)
Sometimes demand doesn't decrease, but is replaced by low quality items. This applies to basic needs like food, hygiene etc...
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Re:Wages climbed 5%, a still-rapid pace as Fed awaits slowdown by nabla9 on Sunday July 10, 2022 @05:38PM (#32049332)
All that is needed is monetary value of items to decrease.
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