39 sats \ 3 replies \ @User21000000 2 Oct \ parent \ on: Wage Stagflation: The Government’s All-Out War on the Middle Class econ
But you would still need to job hop as if you didn’t your btc earnings would be less then there’s as they jumped and negotiated a better btc pay rate? Couldn’t see it swapping back even if the money was changed to a sound btc system
Wages are "sticky", so if your money is depreciating, your wages will rise slower than the purchasing power erodes. The flip side is that if your money is appreciating, your wages will fall slower than the purchasing power rises.
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Then after that if the power is rising it will be more a case of greed or comparison that will drive people to hop jobs to earn more of that good money
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Yeah, there will always be potential income gains from job hopping, but if we had sound money people wouldn't have to do that just to maintain their standard of living.
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