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by profmonocle
583 days ago
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The problem is people don't really see wage increases and inflation as things that balance each other out. They think of raises as something earned that will improve their lifestyle - when inflation cancels that out, it can feel like you were cheated out of that reward. Even if you understand intellectually that a pay increase is a cost of living adjustment, that doesn't mean it isn't disheartening to see your new earnings being eaten up by inflation. |
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