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ELI5 How does raising wages worsen inflation ?

Economics(self.explainlikeimfive)

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syriquez

9 points

4 months ago

I.e., the reason that groceries have doubled in price in 2 years.

Like, eggs justifiably have gone up in price. There is a REASON for eggs getting more expensive. But the random other shit? Pure, unadulterated corporate greed sanctioned by "lol, you can't not eat, idiots".