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Real hourly earnings are currently 12% below the peak hit in December of 1978.
Source Data:
St. Louis Fed: Real Manufacturing Hourly Earnings (May 2012 Dollars)
"The Financial Stability Implications of Digital Assets"
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An interesting paper from researchers at the NY Fed: The Financial
Stability Implications of Digital Assets Here is the overview:
• This article considers...
5 hours ago
2 comments:
Not to worry--Uncle Benron has interest rates far below the peak of 1981 or so. Its what makes us our way of life SAFE!!
Anonymous,
Bumper sticker idea:
Wage inconsistence? Borrow the difference!
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