3 ms·
It cames to my mind that that constant 2% inflation, and the constent effort to limit it to such level said to be good for economy, was indeed slowly impovisher
by w1nst0nsm1th 7y ago
It cames to my mind that that constant 2% inflation, and the constent effort to limit it to such level said to be good for economy, was indeed slowly impovishering the working class by the fact than increase rate of salary was not as high as increase in price. In short the price of good increase constantly, but we stop the inflation before it reach also salary, leading to inequal raise of cost of work (null) and cost of good (2%).
- fuzzfactor 7y agoThis is by design since the early 1970's.