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but if everything the worker was going to buy goes up in price to offset the wages then what's the point? so they can feel richer? That's why this question of
by sharemywin 5y ago
but if everything the worker was going to buy goes up in price to offset the wages then what's the point? so they can feel richer?
That's why this question of inflation is important. But I would argue it's consumer goods inflation not the price of high end real estate or priceless art etc.