https://www.barrons.com/articles/is-the-fed-partly-to-blame-for-wage-stagnation-1532128102
Of course it is. Too much prosperity is bad for the loan business.
And the prime mechanism of wage-fixing today is oversupply of the US labor force via mass immigration.
Illegal wage-fixer Alan Greenspan said so 20 years ago:
https://www.cnbc.com/id/43730337
https://rense.com/general75/skilled.htm
“Our skilled wages are higher than anywhere in the world,” he said. “If we open up a significant window for skilled workers, that would suppress the skilled-wage level and end the concentration of income.“
Smells like communism to us.
Wage-fixing is a federal crime.
So why is Mr. Greenspan still waking around free?