In Australia - wages have not grown in the past 20 years
But i reckon price of food items have increased 100% in the past 10.
ex. takeaway chinese food was $8 (say chilly beef) in 2010 - now it is minimum $16 - if you add Uber-delivery add $3 making it $19
and don't mention housing/rentals
no wonder they want to (covid)RESET the economy - everyone is broke
- Forums
- Economics
- Modern Monetary Theory (MMT) Love it or Hate it - it's not going to go Away!
Modern Monetary Theory (MMT) Love it or Hate it - it's not going to go Away!, page-43
Featured News
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries