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> Everybody earning more will just lead to more inflation. Normally we measure wage growth adjusted for inflation. In my case I referred to wages as share of
by thomasahle 6y ago
> Everybody earning more will just lead to more inflation.
Normally we measure wage growth adjusted for inflation.
In my case I referred to wages as share of gdp, which has been going down over the last decades. There is no reason that shouldn't at least be a fixed amount. If it's not, it means that people who make money outside of wages (shareholders etc.) are capturing a steadily larger part of the total economy.