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https://confoundedinterest.net/2022/04/10/t-dazzle-inflation-crushing-households-under-60k-russian-cds-indicating-99-probability-of-russia-debt-default-over-next-year-wti-crude-up-2-wheat-up-3/
I think that most people in the US (and probably in the world) will have a "reduced pay" for the coming year.
I dont think a lot of companies who have people on salary will give 7% raises .
