Posted on 10/12/2021 10:12:50 AM PDT by george76
Inflation is like a snake eating its tail.
Costs go up, prices go up, then costs go up, then prices go up....
It is economic chaos—makes rational planning totally impossible for anyone.
Inflation is like a snake eating its tail.
Costs go up, prices go up, then costs go up, then prices go up....
It is economic chaos—makes rational planning totally impossible for anyone.
That’s right. But the poor folks waiting tables and cleaning hotel rooms shouldn’t suffer the brunt of it by not having their income go up some too.
Nobody should suffer from inflation—but everyone except a handful of billionaires will suffer.
These workers are not spending big on vacay or a big mortgage. Many of them are scraping by.
Right, but we’re talking about the lowest end of the working stiffs. You’re forcing them on the dole or in the streets if they can’t at least keep up.
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