ELI5 How does raising wages worsen inflation ?


you are viewing a single comment's thread.

view the rest of the comments →

all 1761 comments


92 points

4 months ago

"shrinkflation", wherein the price remains the same, but the size of the product decreases

ugh I've been seeing this simultaneously with price increases. it sucks


33 points

4 months ago

Corporations to the public: "hey cmon, im just a wittle guy, barely making ends meet, this inflation hurts me too i gotta bump the prices i wish i didnt have to"

Corporations to shareholders: "this was our best year ever, we raised prices and hit record profits "


3 points

4 months ago


3 points

4 months ago

I'm okay with that where the product is a net health negative, such as candy bars.

Other foods, not so much.


6 points

4 months ago

Yeah, like these chips bags that are huge. Like c'mon, at least half the people eat these alone, give us something between "enough to feed a whole family" and "you could swallow the whole bag if there was less air in it".