3 ms·

While I do agree in principle that rapidly increasing wages leads to price inflation, your reference does not relate to my experience in Switzerland (most recen

While I do agree in principle that rapidly increasing wages leads to price inflation, your reference does not relate to my experience in Switzerland (most recently was there on Saturday and will spend the next few days there starting tomorrow.)

ekianjo 4y ago
> your reference does not relate to my experience in Switzerland Living in Switzerland is clearly way more expensive than living in any of its close neighbors, so please explain me how this is not related to higher wages.
- GordonS 4y ago
  But... aren't wages in Switzerland also higher than their close neighbours? It's the same thing in Norway - everything seems expensive for visitors, but wages are much higher too.
  - ekianjo 4y ago
    The point is that once you raise wages, the cost of living automatically goes up. You don't make everyone rich, you end up paying more for everything.
    - jon_adler 4y ago
      Wouldn’t this situation make imported goods cheaper for everyone?
- bitcharmer 4y ago
  Yes, and the quality of life for a physical worker is much higher than for someone from the US. What's your point?