Hacker News new | ask | show | jobs
by lotsofpulp 2580 days ago
Recent decades of history show your last condition is not true, wages do not keep up.
2 comments
isostatic 2580 days ago
That looks true when inflation goes above about 6%

https://www.stlouisfed.org/~/media/blog/2015/november/graph_...

link
zaroth 2580 days ago
Wages are not set by inflation, they are set by supply/demand for labor. In the face of lower historical inflation, wages would just be lower today as a result.
link