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2024-11-09 03:14:17

ˈdälfən™🐬 💥 🌊 on Nostr: * What I see in three economic charts * (thread) Chart 1– Wage Growth vs. Inflation ...

* What I see in three economic charts *
(thread)

Chart 1– Wage Growth vs. Inflation

Overall wage growth has outpaced inflation — that’s a good thing.

Note how the inflation trend line has come way down and is now at ~2%, where the Fed wants it to be (unfortunately, there will always be some inflation, but ideally wages should also increase).

Prices are still going up, but they are going up at an overall rate that is less than it was before.

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#economics #USA

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