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Inflation should effect wages proportionally to prices. If it does not, its just a price imcrease, which is whats happening. Something, termites, something ...
by throwawayqqq11 2y ago
Inflation should effect wages proportionally to prices. If it does not, its just a price imcrease, which is whats happening. Something, termites, something ...
- WalterBright 2y agoInflation does indeed cause wages to rise proportionately. But it takes time. Just like dropping a bucket of water in a bathtub does not immediately cause the entire surface to reach a new level.