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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Sam who wrote (2560)9/5/2000 11:09:42 AM
From: Ahda   of 3536
 
There are two different environments in which rising wages occur--one of them is the good kind which accompanies rising productivity, the other is the kind where they are just validating and playing "catch-up" with inflation.

"Bingo" The average individual has to work an additional two hundred hours now to keep up with inflation.
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