A Boring Dystopia

9788 readers

486 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--If a picture is just a screenshot of an article, link the article

--If a video's content isn't clear from title, write a short summary so people know what it's about.

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 1 year ago

MODERATORS

[email protected]

320

Shows how out of control inflation is (lemmy.world)

submitted 11 months ago by [email protected] to c/[email protected]

30 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 11 months ago* (last edited 11 months ago)

But wages absolutely have gone up, just not as much as other things like cost of groceries or housing have risen.

Inflation does not require perfectly equal increases across all categories. Nor does it require it to occur 'quickly' although it certainly can. It is completely possible for some products/services to even come down in price during periods of inflation. The trend/average is what matters.

It's absolutely caused by greed, yes...but it is still inflation, by definition.

Edit: were you thinking of hyperinflation? Because that would explain the 'quickly' part... But it still doesn't require all products/services to increase in price identically.