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by sky-kedge0749
1469 days ago
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> Advocating for higher wages to fight inflation is non-sensical. It just exacerbates inflation and requires even further wage gains to keep even. By exacerbate I suppose you're imagining a cycle where higher wages result in higher prices which result in higher wages and so on. However wages are just another price in the market and it's not clear why the cycle needs to be broken after all prices have gone up except wages. We don't need to let workers end up holding the bag yet again. |
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