And if people start demanding a better pay the only thing that would change would be: [...] 2. They demand a better pay 3. Everyone does this, so the cost of

And if people start demanding a better pay the only thing that would change would be: [...] 2. They demand a better pay 3. Everyone does this, so the cost of everything goes up and prices go up. [...] Unless that better pay is somehow tied to higher productivity and overall GDP increase it would not solve the problem.