Never Mind Bogus Measures of Inflation--Purchasing Power Is What Counts, and It's Decaying
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*If your earnings rose by 34% from January 2020 to October 2023,
congratulations, the purchasing power of your labor kept pace with higher
costs. *
*Offi...
4 hours ago
1 comment:
I looked at this after I'd started reading his Enigma of Capital. The RSA animations are incredibly helpful in providing a simple viualisation of his approach to blockages in the circuits of capital and the nature of the crisis.
Hope you're keeping well Bill!
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