Unfortunately inflation is rising again, and will continue to do so

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Nov 13, 2024
6:08:21pm

Jericho Intervention Needed

Unfortunately inflation is rising again, and will continue to do so

because of the fed lowering rates, and they will continue to do so.

Wage growth is a result of inflation, but it's the last part of the equation. This is wage growth from the last big run up of inflation, and inflation is just getting started again...

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Jericho

Bio page: Jericho
Joined: Apr 16, 2010
Last login: Nov 15, 2024
Total posts: 100,925 (9,637 FO)

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Messages

Author

Time

This is what must happen for the lower and middle class to feel better about "the economy." I hope it continues.

sanitarium Political Junky

Nov 13, 5:45pm

*If you believe inflation data is accurate.

rad dawg

Nov 13, 5:52pm

sure, fine. Whether the data is accurate, I think most of us agree that wages need to increase faster than the price of

sanitarium

Nov 13, 5:58pm

Unfortunately inflation is rising again, and will continue to do so

Jericho

Nov 13, 6:08pm

Assuming these are accurate numbers (doubt it), wages still need to go way up

bluescholar

Nov 13, 6:18pm

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