Welcome back to the Crux of Investing & Finance and our 35th Investonomics Topic Tuesday episode! This week we continue our discussion on the topic of inflation and this time we incorporate wages into the mix. How do wages affect inflation? How does inflation affect wages? How does this create an inflationary spiral? What is a wage-price spiral? What caused inflation during the pandemic? Was there a labor shortage that increased wages? All of these questions are fully answered and explained and you'll walk away knowing more about how the economy functions. Thanks for tuning in! Don't forget to leave your review and recommend this channel to a friend or family member. Until next time...Jay
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