> "Stagnating" doesn't mean "going down" inflation means that today's $1 can buy less than yesterday's $1. If your wages are not increasing at least at the rat

> "Stagnating" doesn't mean "going down" inflation means that today's $1 can buy less than yesterday's $1. If your wages are not increasing at least at the rate of inflation then you are steadily getting poorer. After all, 50 years ago you could buy a house in my neighbourhood for about $60k, now it's at about $500k (without any significant changes to demographic/gentrification pushing prices up).