4 ms·

> so at worse you will see a lot of inflation Personally, I wouldn't mind inflation if all workers are paid a decent wage as a result. For far too long inflati

by hx87 10y ago

> so at worse you will see a lot of inflation Personally, I wouldn't mind inflation if all workers are paid a decent wage as a result. For far too long inflation has been too low and confined to precisely the wrong sectors (i.e. land, health care, education). It's time for workers to get their share of the action.

rabidrat 10y ago
Wages lag inflation, unfortunately.
- hx87 10y ago
  True if the inflation is driven by supply shocks (mid-late 1970s) or savings gluts (today). Not if the inflation is wage-driven, as in the late 1960s and early 1970s in the US.