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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: mishedlo who wrote (34607)6/29/2005 1:14:57 PM
From: Mike JohnstonRead Replies (2) of 306849
 
It is not necessary to have wage growth in order to have inflation, just look at Argentina few years ago.

High inflation with no wage growth is simply called a declining standard of living.

This is what many people are dealing with right now. Wages are stagnant but the cost of living is going through the roof.
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