The cost of living keeps going up but not the pay rate could the economy crash cause of this?

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The cost of living keeps going up but not the pay rate could the economy crash cause of this?

Social Science by Anonymous 2018-07-09 16:00:32

Social Science

The cost of living keeps going up but not the pay rate could the economy crash cause of this?

2 answers

Anonymous

Where do you think "recessions" come from?
Anonymous

The US has still the lowest cost of living among the developed countries.The inflation rate is going up with the fund rate.That is a sign of good macro-management.