3 ms·
In very simple terms, if everyone is getting paid more, then all of the stores can price everything higher... and so on. It's a cycle.
by wanderer_ 5y ago
In very simple terms, if everyone is getting paid more, then all of the stores can price everything higher... and so on. It's a cycle.
- Calamitous 5y agoIt's not that they _can_ price everything higher, they _must_ price everything higher. Everyone getting paid more includes the stockers, managers, bakers, truckers, farmers, everyone involved in getting (eg.) groceries to you.