• ClimateChangeAnxiety [he/him, they/them]
    ·
    10 hours ago

    Wage growth has been another key leading indicator here.
    Wage growth has begun to rebound in many parts of the economy.
    These increased labor costs are passed on to consumers which fuels inflation

    Okay but I keep being told that wage growth is the only way to deal with the inflation that’s already happened. Even other communists have been telling me “No you definitely don’t want deflation” for reasons I still don’t understand aside from “capitalists are stupid, easily panicked animals” but if wage growth just makes the problem worse what the fuck is there to do besides [REDACTED]

    • D61 [any]
      ·
      9 hours ago

      geordi-yes PPI for when you need a break from PPB.

      the-more-you-know