In this world of crazy easy money that's been gifted to one and all by the globe's well-intentioned central banking crews, wages are that go-clunk-in-the-night-other-shoe hitting the economic floor.
We've been suggesting for a while now such is the case. Higher wages lead to higher prices and higher prices that dreaded big I word. We'll be kind and skip the bogus numbers about inflation that these bureaucrats, like the mad magicians they are, conjure up.
Some might suggest higher prices lead to higher wages, but we'll bypass the academic economic soirée palaver.
What's important here is we're not alone in our assessment. Here are some charts from Business Insider.
There are more at the link below.
t. man hatter
http://www.businessinsider.com/wage-pressure-charts-2014-7
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