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How Do We Get a Wage-Price Spiral When Wage Growth Is Slowing?

That’s the question millions are asking, or hopefully at least the folks at the Fed making decisions on interest rates. Ostensibly, the Fed is concerned that the economy is too strong and that we are either on the edge, or already stuck in, the sort of…

That’s the question millions are asking, or hopefully at least the folks at the Fed making decisions on interest rates. Ostensibly, the Fed is concerned that the economy is too strong and that we are either on the edge, or already stuck in, the sort of wage-price spiral that led to double digit inflation back More

The post How Do We Get a Wage-Price Spiral When Wage Growth Is Slowing? appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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» How Do We Get a Wage-Price Spiral When Wage Growth Is Slowing? | Dean Baker | Radio Free | https://www.radiofree.org/2022/06/14/how-do-we-get-a-wage-price-spiral-when-wage-growth-is-slowing/ |

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