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What are “real wages”? 📈💷👨‍🏭👨🏻‍🔧🛍️🍕

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Darren Jones MP

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130,158 Aufrufe • vor 6 Monaten •via X (Twitter)

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The key distinction is between nominal wages and real wages. Nominal wages are the dollars on your paycheck. Real wages are what those dollars can actually buy.⁣ ⁣ If prices rise faster than pay, you’re going backwards.
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