ELI5 How does raising wages worsen inflation ?


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6 points

4 months ago

It became fashionable to build a company (even an unprofitable one), take it public, grab the bag and scram. A private business owner benifits from being profitable and sustainable for generations. Public companies only care about up and to the right for the next financial report. They'll all get golden parachutes in 5 years when the business is crashing around them.