> What good are increasing wages if it is accompanied by inflation that negates those increases? Nothing. But that’s not the situation we’re in. The implicatio

> What good are increasing wages if it is accompanied by inflation that negates those increases? Nothing. But that’s not the situation we’re in. The implication that your “if” would come true is an argument against any increase in wages ever. but it assumes that we’re in some sort of equilibrium where everyone spends 100% of their money and spends it on the same things.