/biz/ - Business & Finance

>>18205080
>if the wage increase tracks inflation
Wages are "keeping up" with inflation (even that is debatable), but not growth. I think most people including myself want this to happen, but it doesnt. Theoretically it would work, but I'm talking about realistic scenarios.
https://www.epi.org/nominal-wage-tracker/
Check this chart out. Assuming a 3% growth, people should be making more, but they are not.

I can only speak for myself, but I've never seen a wage increase for inflation except from the government. Most people are given a salary or hourly rate and then they keep that for many years until they move to a different position at higher pay.

>>18205080
I would say that the ability to be manipulated and abused is a bad trait to have.
The real useful trait in my opinion is that the fiat can never be "lost". If you have 1 million in circulation and 50,000 is lost, then you can always print that 50,000.
If Gold is lost you can't print more gold, same as BTC.