Comment by vinyl7
3 hours ago
The thing with inflation is that a product's individual components may cost the same or less over time, but the cost of everything else...like housing...doubles every couple of years. So you need to increase prices to support higher salaries, increasing minimum wage, etc. It's rides the line of becoming run away inflation since everyone needs to raise prices to support COL, then everything gets more expensive, then they need to raise prices again to support everything else getting more expensive. It's a loop that will never be closed
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