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To: george76

If you add inflation to front-line hazard duty, the lower-end workers at least should probably get their pay boosted by a third immediately, with regular inflation hikes as long as we’re on this path.


80 posted on 10/12/2021 3:54:09 PM PDT by 9YearLurker
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To: 9YearLurker

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.


81 posted on 10/12/2021 5:27:14 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: 9YearLurker

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.


82 posted on 10/12/2021 5:27:15 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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