How does inflation work?
In: Economics
– base workers (groceries, transport, …) end up having a raise to keep up with previous inflation (otherwise those employees will go bankrupt)
– companies from base workers end up raising their prices to not go backrub
– higher pay workers will ask a raise to keep up with all those raise
– other companies will increase their prices as well (because of their higher paid employees asking raise and because they consume, directly or indirectly, base commodities)
– repeat
In somewhere you also have other factors like how rare resources can become (even temporary), companies (or us, employees) wanting to get as much money as they could that can increase prices somewhere along low paid workers up to higher one.
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