3 ms·
The last 4 years were 4, 8, 5, and 1% inflation, respectively.
by shrimp_emoji 3y ago
The last 4 years were 4, 8, 5, and 1% inflation, respectively.
- paulddraper 3y agoAnd a lot of inflation is wages. So when you talk about upward/downward pressure on wages, you can't discount inflation, because inflation is wages and the product of that upward/downward pressure. You can talk about real wages.
- stefan_ 3y agoIt wasn't? The majority of that inflation, certainly in the EU, was energy and profit taking in uncompetitive markets, the result of decades of failed anti-trust? This stuff is researched these days, we don't need to repeat 1930s tropes.