>Primarily by reducing lower working class wages via inflation There's no indication that this is a real thing given that leisure, hospitality, transport and w

>Primarily by reducing lower working class wages via inflation There's no indication that this is a real thing given that leisure, hospitality, transport and warehouse workers have seen the strongest wage growths in decades, the first two groups outpacing inflation and seeing real wage gains. In fact fairly large wage increases in the service economy are one of the biggest contributors to inflation (wage-push inflation) and the basis for these rapid pay rises is the constantly tight labor market, hence the title of the thread.