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Worried about inflation? Check paystubs, not just pump price

July 1, 2021

Via: ABC News
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Everyone would like to get paid more, but the worry on Wall Street is there could be too much of a good thing.

Wages are going up for workers across many industries as the economy roars out of the recession. And in terms of inflation, which is the bogeyman for investors right now, a big and sustained gain in wages would be even more dangerous than the price spikes already seen for oil and other commodities.

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