How is it that inflation can affect everything EXCEPT wages?

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How is it that inflation can affect everything EXCEPT wages?

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Anonymous 0 Comments

When a company raise their prices it is reactionary. They basically react to increased cost of raw materials and such. They need to have a certain margin of profit to stay a float.

When cost of say … lumber … goes up, so does paper made from wood pulp, and that in turn increases cost of cardboard and products packed in cardboard boxes… and so on.

Wages are not like this, they are negotiated, you have to literally ask for a raise.

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