2 ms·
I used to believe the wage price spiral when I was a teenager. As I grew up and lived through the 2008 financial crisis, I realized that increasing wages were o
by foxyv 3y ago
I used to believe the wage price spiral when I was a teenager. As I grew up and lived through the 2008 financial crisis, I realized that increasing wages were only a fraction of the problem compared to the monstrous amounts of wet ink money being piped into investment firms and banks.
Now we are seeing monopolistic practices driving prices of basic needs to the moon and then blaming it on workers wanting to make enough to barely live? I'm not buying it.