4 ms·
It is not the 2%-3% inflation, which is healthy. It is the stagnation of wages.
by huherto 7y ago
It is not the 2%-3% inflation, which is healthy. It is the stagnation of wages.
- boutad 7y agoImagine your wages stayed the same or grew but everything else kept decreasing in prices. This was the norm in the United States before the founding of the Federal Reserve.
- eru 7y agoThe US is a pretty bad example. They always had very screwed up monetary policy. Pick Canada or Scotland or Australia as the shining beacon. See https://www.alt-m.org/2015/07/29/there-was-no-place-like-canada/ https://www.alt-m.org/2015/07/29/there-was-no-place-like-can...