Wednesday, June 6, 2012

Musings of A Central Bank Strike for Pay Raise

The U. S. Inflation Calculator on the Internet indicates price inflation of 121.4% since I got out of high school in 1984.  My pay in relative terms has only risen 75% across all occupations I've tried and examined during that time.  Maybe I just need to go on strike at the Central Bank.  Monetary inflation always outpaces price inflation, and price inflation always out paces labor wages.  I'm just sooooooooo sick of this dynamic in Keynsian-Marxist economics.