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llovan
on Dec 17, 2021
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Worker pay isn’t keeping up with inflation
The cumulative inflation will not be undone even if the inflation rate falls next year.
cma
on Dec 17, 2021
[–]
The rate can fall to negative, i.e. deflation can happen. It probably won't overtake inflation overall but it will be expected in areas like used cars. It isn't a one way ratchet.
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