I am economics in action I own several businesses and have been doing this for decades. And nobody said anything about wages being the only reason prices increase. Thats a strawman argument. Wage increases WILL raise prices. You can't get rid of all the employees so inevitably your costs will increase which means your already slim margins will decrease and you will be forced to raise prices accordingly. This is BASIC economics bud. Jist because one thing does something doesn't mean it negates other factors that's just stupid.