No. How is your money not being valuable enough to buy labor anything other than inflation?
Recession, leading to job loss and a contracting demand side causes deflation because sellers take less profit.
Last year's pay rates not being enough to justify working is a sign of major inflation.
No. How is your money not being valuable enough to buy labor anything other than inflation?
Recession, leading to job loss and a contracting demand side causes deflation because sellers take less profit.
Last year's pay rates not being enough to justify working is a sign of major inflation.
and we're right at the tipping point of housing prices, CPI, etc. so any wages that may have "seemed" fair in a PREVIOUS economy is no longer relevant
certainly doesn't look good for 2023. homeowners looking to "sell the top" are going to be caught holding the bag. this includes investment firms, and imo excludes blackrock type entities that'll be bailed out in the chaos in order to push 2030 agenda "rent forever and you'll be happy" stuff
and we're right at the tipping point of housing prices, CPI, etc. so any wages that may have "seemed" fair in a PREVIOUS economy is no longer relevant
certainly doesn't look good for 2023. homeowners looking to "sell the top" are going to be caught holding the bag. this includes investment firms, and imo excludes blackrock type entities that'll be bailed out in the chaos in order to push 2030 agenda "rent forever and you'll be happy" stuff
(post is archived)