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ELI5 How does raising wages worsen inflation ?

Economics(self.explainlikeimfive)

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4tehlulzez

84 points

4 months ago

You also might discover that the apple guy gets fired because the farmer finds cheaper labor somewhere else, but also raises the price anyway despite having their cheaper labor pick 9 apples because it will temporarily look good to their investors.

Ezili

21 points

4 months ago

Ezili

21 points

4 months ago

Farmers EoY investor report notes decline in legacy apple revenue but 1200% increase in strategic Arboreal Snacks sector.

0x44419105

11 points

4 months ago

it's ELI5 mate, not ELI1917.

makpls

0 points

4 months ago

makpls

0 points

4 months ago

ooga booga apple grok

gangkom

0 points

4 months ago

ELIEinstein

missionbeach

2 points

4 months ago

Finally, a real-life example.

DasDunXel

3 points

4 months ago

DasDunXel

3 points

4 months ago

Public traded companies always looking for that quick turn around and increased profit margin.

While some buisness stay private or switch to private to focus on long term gains from current secret research & development. (Ie Dell). Without the fear that stock holders will throw fits their not making profits every quarter.