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Sure. But this is more of an argument against raising all wages relative to inflation. Inflation (at least in Germany) raised mostly prices for everyday goods -
by vlowrian 4y ago
Sure. But this is more of an argument against raising all wages relative to inflation. Inflation (at least in Germany) raised mostly prices for everyday goods - like food, fuel and rent. Raising the wages by an absolute amount meant helping those whose expenses are mostly basic goods, not trying to match inflation with pay raise.