this post was submitted on 11 Jul 2024
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[–] [email protected] 6 points 1 month ago (1 children)

Actually demand would crater after the economy collapses. Nominal wages would increase as we go into hyperinflation while adjusting for inflation real wages would be drop.

[–] [email protected] 2 points 1 month ago

Yes. Real wages would drop even with wage increases but at this point I've had zero raises in years to go along the inflation.