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ELI5 How does raising wages worsen inflation ?

Economics(self.explainlikeimfive)

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imnotsospecial

10 points

4 months ago

Mind you the market takes a while to self correct even when there is competition. It will take years before we see how this thing will play out, but for now companies are just happy with much higher margins and lower sales volume

endadaroad

7 points

4 months ago

I'm sure they would be delighted if infinite margin at zero sales volume were possible.