Historically speaking, the opposite of this statement is actually the argument. Meaning, inflation generally is not sustainable without wage growth. And, in the current economic environment, companies are not inclined to pay more. So, if anything, one could argue that after a general reversal to the mean, we will not have any sort of hyper inflation because wages will continue to stagnate.
Historically speaking, the opposite of this statement is actually the argument. Meaning, inflation generally is not sustainable without wage growth. And, in the current economic environment, companies are not inclined to pay more. So, if anything, one could argue that after a general reversal to the mean, we will not have any sort of hyper inflation because wages will continue to stagnate.