RE: Why The Fed Can't Win The Battle For Inflation

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The European central bank does the same. But if money is worthless %2 every year, why isn't the minimum wage increased. Or is it oranges and bananes here?

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Wages are another factor for long term inflation and that is another piece of the puzzle that was missing. We have not seen across the board wage growth for two decades. My forecast is we will not see it long term either with automation ceasing to be a threat and actually becoming a reality.

Those with wage growth do not feel the impact of rising prices. Of course, those with a mortgage and car payment do not either since they payments are fixed.

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Wages are another factor for long term inflation and that is another piece of the puzzle that was missing. We have not seen across the board wage growth for two decades. [...] Those with wage growth do not feel the impact of rising prices. Of course, those with a mortgage and car payment do not either since they payments are fixed.

More less that is point. Sorry, I know progress is slow. Next thing is people with a wage income have on avagerage not time or simple are to far away from any economic focus.
My family is not that wealth on income. None of them are talking about what happend to their income value and how to deal with inflation.
I hate my ivory tower.

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