• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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    1 year ago

    Reminder that inflation isn’t a phenomenon that’s beyond our understanding or ability to control. Inflation is the result of business owners choosing to raise prices in order to increase their rate of profit. That’s all it is.

    • Kraven_the_Hunter@lemmy.dbzer0.com
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      1 year ago

      Not that I disagree with you at all, but we all want raises every year too. For you to get paid more you either need to take a higher level job or get a raise.

      If course, inflation has exceed wage growth for a long time, but it’s not quite as simple as business owners just raising prices.

      • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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        1 year ago

        You’re thinking about this from an individualistic perspective, but the problem is systemic. As long as somebody has to do thejobb that means somebody is getting fucked. If majority of jobs aren’t paying enough then most people are being screwed.

        And yes it is literally as simple as business owners choosing to raise prices while keeping wages down.