News@lemmy.worldEnglish · 1 month ago

US inflation rose to 3.8% in April, eroding Americans’ paychecks

www.cnn.com

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US inflation rose to 3.8% in April, eroding Americans’ paychecks

www.cnn.com

TryingToBeGood@reddthat.com to

News@lemmy.worldEnglish · 1 month ago

US inflation rose to 3.8% in April, eroding Americans’ paychecks | CNN Business

www.cnn.com

For the first time in three years, Americans’ wages are no longer outpacing inflation.

Spiffy. :/

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30 days ago
Exactly, which is why poor people go bankrupt during deflation, while the rich can just save their money and get richer and richer without even taking risks or investing (no investment, no jobs)

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