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omgwtfbyobbq
8 hours ago
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jacobolus
5 hours ago
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Real wages are inflation adjusted. So if everything costs 336% of what it did in 1980, and the real ages are 112% of what they were, then that means nominal wages are 376% of what they were.
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QuesnayJr
5 hours ago
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It doesn't make sense to compare CPI to
real
wages. Real wages are wages divided by CPI or another inflation index.
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