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Each cut isn't much, and there's no point stressing about it, but accumulate enough of them and it's a problem. Doesn't the fact that everything is increasing
by igornadj 2y ago
Each cut isn't much, and there's no point stressing about it, but accumulate enough of them and it's a problem.
Doesn't the fact that everything is increasing in price also affect these labourers? Who see the prices in their grocery stores, cars, housing costs increasing, and then have to demand higher wages to stay afloat themselves?
Can any one cause be tied to the whole effect? No. Would [much] more aggressive anti-greed/anti-monopoly/anti-corruption handling of the economy stabilise inflation? Without doubt.