I had to scroll to the bottom to see this. This is what happens every time the wage increases. No point in increasing the wage when everyone else increases the price. Can’t agree with your statement more.
It’s just about chasing a never ending profit that’s higher than last quarter’s profit. It was never about inflation, it’s the cancer that is unregulated capitalism.
No need to increase prices if you convert all employees to perma-lancers and then eventually outsource the labor to another country.
Also, this article is written by a Wall Street trader and frequently says things like “A strong cohort of economists believe a national minimum wage increases inflation.” I’m not sure if this is the slam dunk you think it is. I’m not even against raising the minimum wage, but worker protections have to be done at the same time or else something’s got to give, and it’s not going to be profit.
I had to scroll to the bottom to see this. This is what happens every time the wage increases. No point in increasing the wage when everyone else increases the price. Can’t agree with your statement more.
The prices are rising without a matching increase in wages. The increase in wages has no significant impact on the increase in prices.
It’s just about chasing a never ending profit that’s higher than last quarter’s profit. It was never about inflation, it’s the cancer that is unregulated capitalism.
Take your disinformation elsewhere.
No need to increase prices if you convert all employees to perma-lancers and then eventually outsource the labor to another country.
Also, this article is written by a Wall Street trader and frequently says things like “A strong cohort of economists believe a national minimum wage increases inflation.” I’m not sure if this is the slam dunk you think it is. I’m not even against raising the minimum wage, but worker protections have to be done at the same time or else something’s got to give, and it’s not going to be profit.