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To: Paul R.

Why does the Fed blame inflation on wage growth?


3 posted on 03/11/2015 9:10:46 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: Moonman62

“Why does the Fed blame inflation on wage growth?”

They don’t. Inflation is a monetary phenomenon that will drive all prices up, not just wages.


7 posted on 03/11/2015 9:20:04 PM PDT by Pelham (The refusal to deport is defacto amnesty)
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To: Moonman62
Why does the Fed blame inflation on wage growth?

Otherwise they would have to blame the people creating the 100 year monetary bubble: themselves.

In 100 years they've destroyed 96% of the value of the dollar. Time to squeeze out that last 4%.

12 posted on 03/11/2015 9:38:57 PM PDT by KarlInOhio (Darth Obama on 529 plans: I am altering the deal. Pray I don't alter it any further.)
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