Dangerous unanchoring of wages? Wage-price spiral? Return to 1970s? None of above! Us real weekly earnings now below pre-COVID trend.

Dangerous unanchoring of wages? Wage-price spiral? Return to 1970s? None of above! Us real weekly earnings now below pre-COVID trend. So inflation = enemy#1? Hike rates? NO focus on supporting low incomes & curbing sectoral price pressure!
thedailyshot.com/2022/04/13/rea… https://t.co/zQT5DJfoWg

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