How is it that inflation can affect everything EXCEPT wages?
In: 143
You got it backwards… Inflation doesn’t affect anything, it is metric based on things…It is like the current temperature outside
If general prices go up based on previous year that is called inflation…
Companies raising prices “because of inflation” are either ignorant or lying…
Prices are wages are determined by employers and companies are more or less arbitrary…
p.s.: Inflation does affect wages… It devaluates it!
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