> (in large part) Cost of raw material going up (largely due to moving resource extraction away from slave labor) is a much bigger driver of inflation than wag

> (in large part) Cost of raw material going up (largely due to moving resource extraction away from slave labor) is a much bigger driver of inflation than wages. If 10% of a product's price is to pay for the overhead of personnel costs, a 10% wage increase only increases the price of the product 1%.