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To: expat_panama

-—Wage gains continue to proceed at a historically slow -—

She’s not paying attention.....The minimum wage has been increased in cities and states 25% or more. That is pretty serious inflation


44 posted on 04/17/2014 4:30:12 AM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: bert
That not inflation...

Inflation is "always and everywhere a monetary event" ~ Milton Friedman

Here is wage growth YOY over the past few years:

http://research.stlouisfed.org/fred2/graph/?g=xBA

45 posted on 04/17/2014 4:42:46 AM PDT by Wyatt's Torch
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