Inflation is considered a given, as the economy has been inflationary for decades. > the annual inflation rate in the United States has decreased from 3.2 perc

Inflation is considered a given, as the economy has been inflationary for decades. > the annual inflation rate in the United States has decreased from 3.2 percent in 2011 to 1.2 percent in 2020. So right now, wages simply haven't been adjusted to the existing inflation. This is not inflationary itself.