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Inflation Outpaces Wage Growth For Over 40% Of Americans (www.forbes.com)
submitted 1 year ago by to c/usa@midwest.social
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[–] 44 points 1 year ago (6 children)

Gee, i wonder who is getting all that inflation money. Obviously not the workers.

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  • [–] 13 points 1 year ago (5 children)

    inflation money

    There's no such thing as inflation money, shut up. The money just disappear

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  • [–] 12 points 1 year ago (2 children)

    If someone is paying an “inflated” rate, they are paying more. So someone is collecting additional inflation money, by very definition of the term

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  • [–] 3 points 1 year ago

    They're paying more, or they don't pay and fewer or no transactions occur. It's the latter that will grow, meaning nobody's getting more overall. Volume times price equals income. If the volume drops, then you likely will get less overall even if the price went up because there are fewer transactions. These are the symptoms of a coming Recession. The rich will pay more and get theirs. Everybody else gets to pick and choose their immediate priorities.

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