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Joined: 28 Dec 2005 Posts: 11980
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Posted: Thu Feb 04, 2016 5:19 pm Post subject: Cause of Disinflation & Income Inequality |
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PeakTrader:
The greater flow of low-skilled immigrants from dirt poor countries, who are desperate for work and have little wealth, helped keep wages depressed and prices low. In the high-skilled economy, wages, prices, and wealth increased. So, there’s greater income and wealth inequality.
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