2 ms·
When do wages ever keep up with inflation? Wages are equivalent to a lagging indicator.
by BLKNSLVR 5y ago
When do wages ever keep up with inflation? Wages are equivalent to a lagging indicator.
- kergonath 5y agoWith a steady inflation, the lag does not matter. The current problem is that wages are not following, although inflation had been fairly consistent for a couple of decades (until SARS-CoV 2). Historically, this seems to be an anomaly.