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Not necessarily - there can be inflation without worker's pay increases, and inflation leads to more costly credit - so someone in that situation is twice as wo
by DaiPlusPlus 10y ago
Not necessarily - there can be inflation without worker's pay increases, and inflation leads to more costly credit - so someone in that situation is twice as worse-off as before.
- Consultant32452 10y agoTry telling that to the working public who basically hasn't gotten a raise in 30 years in spite of sky-rocketing productivity.