[Toddsterpatriot]

Maybe not double but certainly increase sharply.

So, sneakers double in price and my salary will increase sharply? Why? Does my employer have to boost my salary to stay competitive with sneaker makers?

With internal trade, prices will not rise beyond the prevailing wage.

Why? How much will these American shoe makers pull down in salary? $6 an hour? $20 an hour?

Job abundance and relative worker scarcity will keep the wages in line with prices.

So, salaries double, prices double, how is that not 100% inflation? How does that not destroy 50% of our savings?

[William Terrell]

So, sneakers double in price and my salary will increase sharply?

No, sneakers increase sharply. Double/double is for comparison purposes.

Does my employer have to boost my salary to stay competitive with sneaker makers?

Not on purpose. It just works that way with internal production and trade. It can't work that way when production and trade occurs internationally because oppressive regimes force their people to work at a repressive wage.

Why?

Because if they did people couldn't buy them.

So, salaries double, prices double, how is that not 100% inflation?

If wages stay consistent with prices, there is no underbuying and no overbuying. "Money" does not have a divine value set by God.