Bloomberg Technology
CPI Print and Google’s Antitrust Defeat | Bloomberg Technology
Bloomberg’s Caroline Hyde and Ed Ludlow break down the CPI print and the impacts of the inflation reduction act. Plus, Alphabet loses its antitrust fight with Epic Games, and space surveillance startup True Anomaly raises $100 million. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology”…
@quippy8402
December 12, 2023 at 6:17 pm
It is not just a perception; the wage growth has been basically negative over an extended period of time if one properly takes into the account of inflation, even when it looks nominally positive.
@indianapapi
December 12, 2023 at 7:13 pm
Most raises do not beat inflation, so a person never feels like they are getting ahead. I agree with you.
@mikeshaunnessey9303
December 12, 2023 at 7:33 pm
Pre-pandemic wages have been eroded by the last two years of inflation. So wage earners are still far behind.
@mikeshaunnessey9303
December 12, 2023 at 7:36 pm
Decreasing inflation means prices are still going up, not down. Deflation is prices going down. Take an economics class.