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Prices are rising because inflation because pricing are rising because inflation Smart.
by lm28469 3y ago
Prices are rising because inflation because pricing are rising because inflation
Smart.
- Manuel_D 3y agoExcept that really is what happens. If the prices of your inputs increase, then you have to raise the prices of your goods. And then companies that use your goods isn't puts have to raise their prices, and so on. In terms of labor and wages, it's called a wage price spiral: https://en.m.wikipedia.org/wiki/Wage-price_spiral https://en.m.wikipedia.org/wiki/Wage-price_spiral Similar dynamics exist for physical goods.