貨か幣へい錯さっ覚かく

noun

money illusion

Economic term: the tendency to think of money in nominal rather than real terms, ignoring inflation.

• 貨か幣へい錯さっ覚かくがあると、インフレで実じっ質しつ賃ちん金ぎんが下さがっても気きづきにくい。

  With money illusion, it's hard to notice when real wages fall due to inflation.