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by afterburner 1674 days ago
You're mostly right, except for the part where you seem to blame "the little guy" for wanting a raise.

If the little guy is pushing for a raise, it's because they need it to afford food and housing.

2 comments

It's not just "the little guy" in Argentina - it's everyone and everything. Everyone always demands increases to their flow of money in Argentina. It's no surprise that they get inflation.
but that's the problem. there isn't enough food and housing to go around. you can't fix it with fake raises. you have to add competition back into the market at the corporate level. but investors don't like competition.