How is it that inflation can affect everything EXCEPT wages?

2.00K views

How is it that inflation can affect everything EXCEPT wages?

In: 143

34 Answers

Anonymous 0 Comments

It depends on how inflation is calculated. It’s usually calculated as the cost of a basket of goods. Which doesn’t factor wages.

Also things like housing, used cars, and various other items that are large costs to the average person also aren’t factored in.

You are viewing 1 out of 34 answers, click here to view all answers.