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News@lemmy.worldEnglish · 4 days ago

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

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

TryingToBeGood@reddthat.com to

News@lemmy.worldEnglish · 4 days ago

cross-posted to:
[email protected]

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

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

Spiffy. :/

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3 days ago
Sure.

What is the “natural” state of money?

How could we in theory achieve 0% inflation and what do you estimate would be the side effects?

You say that the wealthy create inflation to encourage people to invest. How does this benefit them?

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