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submitted 3 months ago by [email protected] to c/[email protected]
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[-] [email protected] 8 points 3 months ago

that prices will go up when salaries go up is not wrong

Rising wages can increase prices, but don't necessarily have to.
Also other factors can increase prices while wages stagnate.
Recent price increases e.g. have mostly been driven by supply and logistics issues, mostly for food and energy.

that that’s a problem is also not wrong

That is not entirely correct either.
If wages rise through the board, then rising prices are not a big issue.
On the contrary, wage driven inflation might even re-balance income distribution to the benefit of workers.

this post was submitted on 11 Apr 2024
625 points (98.8% liked)

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