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Inflation is real, hyper inflation is also real, such as in your example Argentina. But it is not caused by higher salaries.
by carlosjobim 2y ago
Inflation is real, hyper inflation is also real, such as in your example Argentina. But it is not caused by higher salaries.
- nradov 2y agoHigher salaries are both a cause of and result of inflation. Hence the positive feedback loop.
- kelseyfrog 2y agoThe strength of the statement is decoupled from its veracity.