2022 inflation tax officially set again to only 2%

[ajl]

Another thing about hyper inflation is that it is a giant pay cut to those silly enough to keep working through it. It is amusing to read about the so called shortage of workers these days. If inflation is 20% and your wage does not change, you just got a big pay cut. Given that labor is so much cheaper than a year ago, it is little wonder that there is a shortage of labor. Duh. Employers have counted on this scam to manage their labor costs for years already. This is also one of the reasons help wanted ads get ignored. We offer a competitive salary. Competitive with whom? Employment ads should always contain a compensation figure or at least a range.