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Is that how it worked out in Venezuela recently with those levels of inflation?
by harambae 6y ago
Is that how it worked out in Venezuela recently with those levels of inflation?
- bluGill 6y agoThere is typically a lag between wages going up an inflation, and that lag will catch a lot of people, but in general it does work that way in the long run. The long run can be 10+ years though, which isn't good for the person caught in the cycle.