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There's one cause of this inflation that the Fed doesn't like to talk about. It's the clampdown on immigration that started during the previous administration a
by credit_guy 5y ago
There's one cause of this inflation that the Fed doesn't like to talk about. It's the clampdown on immigration that started during the previous administration and is continuing with the current one. Wage inflation is then a logical outcome, and people should be celebrating it.
- jetsetgo 5y agoWage inflation that never has come since half a century. Also, it's delusional to think that immigration is related to national inflation.
- josephcsible 5y agoIs there any evidence this is true? For example, of the unfilled jobs today, what proportion of them were filled by immigrants vs. US citizens 2 years ago?
- notacoward 5y agoPeople should celebrate inequity and nationalism? No. Not even if it benefits me, which ultimately it doesn't anyway.