• michaelmrose@lemmy.world
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    5 months ago

    Actually demand would crater after the economy collapses. Nominal wages would increase as we go into hyperinflation while adjusting for inflation real wages would be drop.

    • doingthestuff@lemmy.world
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      5 months ago

      Yes. Real wages would drop even with wage increases but at this point I’ve had zero raises in years to go along the inflation.