Significant wealth inequality gaps and the lack of wage growth, in relation to inflation, coincide. There's a lot of data on this subject, but getting specifics on how the data is collected is very difficult (given the data collection is often decades old).
Yes, as a general rule of thumb salaries track or exceed inflation in the long run. If that weren't the case, everybody would be living in Huts eating gruel
Supermancho|2 years ago
https://www.cbpp.org/research/poverty-and-inequality/a-guide...
Significant wealth inequality gaps and the lack of wage growth, in relation to inflation, coincide. There's a lot of data on this subject, but getting specifics on how the data is collected is very difficult (given the data collection is often decades old).
s1artibartfast|2 years ago