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"Inflation" really means "wage inflation" for planners and the media. Wage inflation is the bad kind of inflation, as opposed to the good kinds of inflation (e.g. food price gouging).

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Anyone notice interest rates only started increasing when wages started going up but not when housing costs went up first?

I'm sure the people making decisions about interest rates did :)

indeed. compare what the media calls "price growth" (e.g. housing) and what it calls "inflation" (e.g. wages)

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