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mempko
1230 days ago
Raising wages doesn't increase inflation, it's raising prices to customers.
1 comments
astrange
1230 days ago
Raising wages _can_ increase inflation because the workers will use them to buy more goods, which might be supply limited.
But Japan's inflation problem is that they don't have enough of it, so that's fineā¦
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mempko
1228 days ago
Right, but limited supply doesn't have to mean raising prices. That decision is done by management and business owners. It's not an automatic kind of outcome, but a deliberate one.
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But Japan's inflation problem is that they don't have enough of it, so that's fineā¦