3 ms·
Once more, I'm not making an argument about causality. I'm saying that the "compensation" of salaries for inflation already happened. Arguments about "why" ju
by ajross 4y ago
Once more, I'm not making an argument about causality. I'm saying that the "compensation" of salaries for inflation already happened.
Arguments about "why" just aren't helpful here. Everyone thinks they're smarter than everyone else and knows policies that will be perfect, and everyone is wrong for the same reasons. It's a cyclic feedback market and it just does this stuff, for the most part.
But you absolutely can't look at things with a microscope and say "salaries don't keep up with inflation", because that's (almost by definition) never true.