3 ms·
This doesn't remotely begin to compute. Inflation is a measure of prices of goods and services, not of incomes. There is no reason to believe that high inflatio
by potatolicious 1y ago
This doesn't remotely begin to compute. Inflation is a measure of prices of goods and services, not of incomes. There is no reason to believe that high inflation results in higher nominal incomes.
Heck the opposite is true - it's why high inflation is so despised, specifically because prices outrun income growth.
- sukhavati 1y agothis isn't even remotely supported by the data out there https://www.brookings.edu/articles/has-pay-kept-up-with-inflation/ https://www.brookings.edu/articles/has-pay-kept-up-with-infl...