clear eye
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Sat Nov-22-08 11:29 AM
Response to Original message |
2. Sounds good at first blush, but |
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wouldn't that create a constant increasing inflationary spiral, where there is inflation causing all wages to rise which would fuel additional inflation and so on? So the wages would be higher dollar amounts but not necessarily more buying power, and the inflating dollar would reduce the value of savings?
On the other hand, some sort of requirement for CEO compensation package increases to be tied to performance sounds like an excellent idea.
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