20 sats \ 7 replies \ @Undisciplined OP 10 Aug \ parent \ on: Money-Supply Growth Accelerates as Wall Street Demands Even More Easy Money econ
A lot of prices are fairly “sticky”, including wages. It can take them a long time to catch up.
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33 sats \ 6 replies \ @Satosora 10 Aug
Its not like companies are going to give you a 10% wage increase because of inflation. They want to maximize profits.
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20 sats \ 5 replies \ @Undisciplined OP 10 Aug
You pretty much have to be offered another job to get that kind of raise, which is another part of this taking time.
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40 sats \ 4 replies \ @Satosora 10 Aug
Right, and when you jump between jobs, you lose out on the time you work. Does it justify the 10%? And usually there are more hidden drawbacks.
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20 sats \ 3 replies \ @Undisciplined OP 10 Aug
It definitely depends, but the largest cumulative earnings gains come from changing jobs.
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38 sats \ 2 replies \ @Satosora 10 Aug
That is true. It does come from changing jobs. But if you change jobs all the time, you have no semblance of life.
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20 sats \ 1 reply \ @Undisciplined OP 10 Aug
I think the hidden drawbacks you mentioned are a bigger concern than lifetime earnings.
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0 sats \ 0 replies \ @Satosora 10 Aug
People dont realize when you change jobs, you lose like 2 months of earnings. That affects your benefits, 401k, everything. Then the training and meeting new people... If money is what you are going after, go for it.
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