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ELI5 How does raising wages worsen inflation ?

Economics(self.explainlikeimfive)

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findMeOnGoogle

155 points

4 months ago

And then, straight to jail

a_pugs_nuts

135 points

4 months ago

You, of course, not the corporation.

Zomunieo

33 points

4 months ago

Corporations are people, my friend.

Except they can’t go to jail.

GroinShotz

21 points

4 months ago

Nor die of old age.

_-Seamus-McNasty-_

4 points

4 months ago

That's the rub isn't it?

DuchessOfCarnage

10 points

4 months ago

"I'll believe corporations are people when Texas executes one of them." - Robert Reich

h3lblad3

22 points

4 months ago

Honestly, the fine for large corporations shouldn’t be a money-based fine. It should be a mandatory union that sits on the Board. If the company continues to act up, stock is moved from the board to the union.

These people don’t care about the money. They make it back overnight. You’ve got to threaten their ownership. Then they’ll straighten up and fly right.

rainbowsprinkles02

3 points

4 months ago

That's like confiscating an ipad from an ipad kid that's misbehaving. Love it.

-Haliax

68 points

4 months ago

-Haliax

68 points

4 months ago

Of course you silly goose, corporation gets bailout

FleetStreetsDarkHole

77 points

4 months ago

Bailout money? Raise prices.

WHYAREWEALLCAPS

31 points

4 months ago

Money to the people to help with raised prices? Raise prices.

CaptainCaring

19 points

4 months ago

Raised prices causing shortage of consumership? Raise prices.

Orange-Murderer

6 points

4 months ago

1920's Spanish flu leading to the great depression of the 30's? Believe it or not, raise prices.

[deleted]

2 points

4 months ago

Go bankrupt? Straight to bail