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Workers aren't doing well. Their salaries are not keeping up with inflation.
by givemeethekeys 4y ago
Workers aren't doing well. Their salaries are not keeping up with inflation.
- yakak 4y agoAs a worker there is no way to do well. If there is no rise in wages all of the benefits of automation and efficiency improvements go to other inputs/outputs, if anything starts to raise wages the fed kicks in. Maybe we have to see where things land between real interest rates, inflation and wages growth by figuring out how to relax all of this cheating over time.