"The bottom line: Wage inflation is good for workers, and bad for the rentier classes."

#FelixSalmon, 2022

@rjrjr

"And you have Felix Salmon, to whom I can only tip my hat. Can there be more than a half dozen journalists/writers/commentators who make $500,000/year from their writing itself? I’m not weeping any tears about the pay at the top, except that pay at the top says something meaningful about pay at the bottom."

This is a gracious thing to write, and surprising from a #socialist like #FreddieDeBoer.

#FelixSalmon #inequality