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Hyper inflation Ahead -Money to Loose 98% of Value ! Wages are Not Keeping UP with Inflation ,

508 views · Published 28 January 2018 · 5:12 · Indexed 28 October 2026

Channel: Mike Martins · 2018 · News & Politics

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It's getting grim . We need to face the music . 
I think our money has lost 80% as of its value today ? by 2024 it may be 98% 

Wages have not kept up with inflation over the past 40 years due to a number of factors. One of the main reasons is the decline in union membership. Unions have historically been able to negotiate higher wages and benefits for their members, but as union membership has declined, so too has the ability of workers to negotiate for better pay. Additionally, globalization and the outsourcing of jobs to countries with lower labor costs have also contributed to the decline in wages.

Another factor is the shift in the economy from manufacturing to service-based industries. Manufacturing jobs often pay higher wages than service jobs, and as the economy has shifted towards service industries, wages have not kept pace with inflation. Additionally, technology has also played a role in this trend. Automation and other technological advances have led to increased productivity, but that increased productivity has not been reflected in wages.

Furthermore, there has been a long-term trend of income inequality in the United States, which has led to the wealthiest Americans seeing a disproportionate amount of the economic growth. This has led to a concentration of wealth among a small number of people, leaving less money available for wages to grow.

Finally, government policies have also played a role in the decline in wages. For example, the minimum wage has not kept pace with inflation, which has contributed to a decline in wages for low-wage workers. Additionally, the weakening of labor laws and regulations has also made it harder for workers to negotiate for better pay and benefits.

Overall, there is no one single factor that can explain why wages have not kept up with inflation over the past 40 years. Rather, it is a combination of economic, political, and societal factors that have contributed to this trend. However, by understanding these factors, policymakers and businesses can take steps to address the problem and help to ensure that workers are able to earn a living wage that keeps pace with inflation.

Money can lose value due to a variety of factors, including inflation, economic recession, and currency devaluation.

Inflation refers to the general increase in prices of goods and services over time. When there is too much money in circulation, the value of each individual unit of currency decreases. This happens because there is more money available to buy the same amount of goods and services, so the price of those goods and services goes up.

Economic recession refers to a period of economic downturn, characterized by reduced economic activity, high unemployment, and low GDP growth. During a recession, businesses may struggle to make profits, leading to reduced investment and job losses. This can lead to a decrease in demand for goods and services, and a corresponding decrease in prices. As a result, the value of money may decrease.

Currency devaluation refers to a deliberate reduction in the value of a country's currency, usually by the government or central bank. This can be done to make a country's exports more competitive on the global market, but it can also lead to a decrease in the value of money for citizens.

Overall, money can lose value when there is too much of it in circulation, when economic activity is low, and when a government or central bank takes action to devalue its currency.

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