Wages and Panic Buttons

Michael Perelman michael at ecst.csuchico.edu
Thu Aug 5 10:50:16 PDT 1999

Doug says that inflation hurts the working class. As I understand it, you have to make a distinction between the segements of the working. The most marginal workers do benefit during inflationary bouts from more employment. Others may fall behind. -- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

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