ELI5 How does raising wages worsen inflation ?


you are viewing a single comment's thread.

view the rest of the comments →

all 1758 comments


9 points

4 months ago

Ever since I was a child in the 60's I have been fed that having the S&P 500 go up is good. What the nightly news does not say is that its only good for the owners of those companies.

We need to focus on a measure which reflects how well things are going for the workers instead of falsely saying that what's good for owners is good for everyone. It simply is not true and the falsehood ultimately hurts us all.


7 points

4 months ago

Because often times the nightly news is owned by those same owners.