When inflation starts to really skyrocket...
No, what will happen is that it will still be volatile in a higher range.
... you're literally losing money daily.
Only if you don't keep your investments tied to assets and commodities.
Actually, if you live pay check to pay check you don't lose anything, because your wages go up with inflation. The only thing that kills wages is diluting the pool with "too much"/"cheap foreign" available labor.
Only if you don't keep your investments tied to assets and commodities.
Yep. once again, 100% agree.
Actually, if you live pay check to pay check you don't lose anything, because your wages go up with inflation. The only thing that kills wages is diluting the pool with "too much"/"cheap foreign" available labor. Unfortunately, no....
These guys say yes: https://www.glassdoor.com/research/are-wages-keeping-up-with-inflation/
but i've seen numerous graphs that suggest they're not so closely tied together.
but i've seen numerous graphs that suggest they're not so closely tied together.
Yes... with today's economy where Americans have more service/government jobs than manufacturing and construction jobs, this causes disparity between inflation and wages.
We need to build things again.
(post is archived)