A thought about inflation:
Wages have gone up just over 12% in the last four years. In most products and services labor is equal to no more than 1/3 of the entire cost of the item.
So any increase in the cost of something in the past four years it’s higher than 4% is probably not wage related, in spite of what business publications are trying to spend most of the “inflation“ is not driven by wages, but instead by greed from the corporations and capitalist that own them.
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Masto.poetry (mastopoet@h-net.social)'s status on Friday, 14-Jun-2024 23:45:46 JSTMasto.poetry