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Explaining the inflation rate (lemmy.world)

submitted 2 months ago by The_Picard_Maneuver@lemmy.world to c/whitepeopletwitter@sh.itjust.works

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[–] hperrin@lemmy.world 1 points 2 months ago (2 children)

We need to stop talking about inflation and start talking about how WAGES ARE NOT GOING UP! Greedy corporations are not PAYING PEOPLE WHAT THEIR LABOR IS WORTH!

The problem is WAGE STAGNATION, not inflation.

[–] Kecessa@sh.itjust.works 0 points 2 months ago (1 children)

The problem is both...

[–] DoYouNot@lemmy.world 1 points 2 months ago

Some inflation is a good thing. It keeps money moving, which is absolutely crucial to the system as it is. Wages do need to rise with or outpace it, though.