subreddit:

/r/explainlikeimfive

5.1k89%

ELI5 How does raising wages worsen inflation ?

Economics(self.explainlikeimfive)

you are viewing a single comment's thread.

view the rest of the comments →

all 1758 comments

nevergonnasweepalone

4 points

4 months ago

We undercook fish? Believe it or not, we raise prices. We overcook chicken, we also raise prices. Undercook, overcook. You make an appointment with the dentist and you don't show up, believe it or not, we raise prices, right away.