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Replying to Avatar Ike

"...The massive rise in wages for low-skilled workers was actually one of the major self-reinforcing drivers of inflation."

Do you mean the benefits and stimmies for NOT working during the biggest monetary inflation in history when you say "rise in wages"?

Which market goods do you think suffered price inflation most due to the poor's " rise in wages"?

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Mike Brock 2y ago

Wages are literally the biggest driver of the PCE. By far. This is not breaking new ground, here.

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