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The Compound and Friends

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The Negative Wage and the Economy

Wages have not kept up with inflation, right? Like we're just now getting to a point where CPI and the wage growth are already somewhere else. At the low end they were huge jumps for hourly workers at the low end of income. But those, but I mean you're talking about someone who was making like minimum wage. Negative wage for that group. So when does this hit services? When does this hit the economy? Does it not?"

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