psychothumbs@lemmy.world to Economics@lemmy.mlEnglish · 1 year agoPowell’s Nightmare: Wage Growth, after Signs of Losing Altitude, Re-Accelerateswolfstreet.comexternal-linkmessage-square2fedilinkarrow-up16arrow-down10cross-posted to: usa@lemmy.ml
arrow-up16arrow-down1external-linkPowell’s Nightmare: Wage Growth, after Signs of Losing Altitude, Re-Accelerateswolfstreet.compsychothumbs@lemmy.world to Economics@lemmy.mlEnglish · 1 year agomessage-square2fedilinkcross-posted to: usa@lemmy.ml
minus-squareMasterBlaster@lemmy.worldlinkfedilinkarrow-up4·1 year agoI see what you did there… But it’s worse than that. Greedflation is the primary culprit anyway, so suppressing wage growth has no impact on inflation, but we all continue to have continuous deflation of our pay.
I see what you did there…
But it’s worse than that. Greedflation is the primary culprit anyway, so suppressing wage growth has no impact on inflation, but we all continue to have continuous deflation of our pay.