Conversation
Notices
-
Embed this notice
Unironically the smartest thing I heard a woman say is, "Can we just not have inflation? like just not raise the prices on stuff." before being hounded by the class libertarian on why she's wrong. And as someone who is economically illiterate, I agree.
-
Embed this notice
@Nirty_Digger this is why I'm generally against increasing the minimum wage - it's a short term boon for the lower working class but also a long term disaster for them because they're the most sensitive to inflation. It's easy to say "everyone gets paid $15 per hour now", it's harder to actually fix the problem, which can only be solved by working on a higher level
-
Embed this notice
@Nirty_Digger one way: prices rise -> people want more in salary -> expenses increase -> prices rise