4 ms·
Lookie the thing is as long as interest rates are down, wages might go up nominally but in actual material terms you end up poorer. Unless you already own subst
by thrawa8387336 3y ago
Lookie the thing is as long as interest rates are down, wages might go up nominally but in actual material terms you end up poorer. Unless you already own substantial hard assets or have access to the low interest rate loans. At the end of the day what matters is how many barrels of oil/kWh your monthly income can directly or indirectly be exchanged for.