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Landlords. Medical debt.

Prices have inflated for decades. Minimum wage has stagnated.




Friendly reminder that "inflation" more or less definitionally implies that wages increase proportionally to consumer goods prices. If prices are going up and wages aren't, it's just people getting proportionally poorer.


Costs have inflated, wages have not.



There is a psychological effect in that price rises are perceived as inflation while wage increases are seen as personally earned. So even though real wages are going up, at the individual level, they're not seen as being macro-economically driven.




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