- cross-posted to:
- worldnews@lemmy.ml
- cross-posted to:
- worldnews@lemmy.ml
cross-posted from: https://lemm.ee/post/51182148
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Deflationary periods may be helpful to those with large amounts of cash or cash equivalents, which generally isn’t the working class. Wage growth outpacing inflation helps the working class more.
Wage growth outpacing inflation helps the working class more.
Except, by design, that will not happen, not for longer than a few quarters or so.
Why do you think there is a push to get people back in the office?
Why do you think there is a push to get people back in the office?
Because the corporate realty market is a bubble, and companies have to find a way to justify big spends if they can’t get out of a lease, and plenty of corporate landlords can’t let people out of their leases because then their buildings would be underwater and likely forclosed?