• IamSparticles@lemmy.zip
    link
    fedilink
    English
    arrow-up
    25
    ·
    21 hours ago

    Yeah. Because wages have remained stagnant, or even decreased relative to prices. Inflation is supposed to be a response to people making more money, but that never happened. So now we’re all just effectively poorer.

    • Maggoty@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      4 hours ago

      Inflation can happen for a bunch of reasons. It’s just always cited in arguments against raising wages. The proper answer to which is, prices went up last year anyways, why can’t prices go up a cent so I can have a dollar?