I'm curious why inflation is driving so much sticker shock for consumers. When money printer goes brrr, prices go up. You then hike the prices for your labor commensurately.
Either directly (self-employed or demanding a raise) or by changing your work (new field, new employer, etc).
Do people just sit on their lazy butts and do nothing in the face of massive inflation?
I'm curious why inflation is driving so much sticker shock for consumers. When money printer goes brrr, prices go up. You then hike the prices for your labor commensurately.
Either directly (self-employed or demanding a raise) or by changing your work (new field, new employer, etc).
Do people just sit on their lazy butts and do nothing in the face of massive inflation?
The government has taken care of that for a while, and schools certainly don’t teach basic economics anymore.
The government has taken care of that for a while, and schools certainly don’t teach basic economics anymore.
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