Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 2 years agoHalf of recent US inflation due to high corporate profits, report findswww.theguardian.comexternal-linkmessage-square39linkfedilinkarrow-up1702arrow-down19cross-posted to: usnews@beehaw.org
arrow-up1693arrow-down1external-linkHalf of recent US inflation due to high corporate profits, report findswww.theguardian.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 2 years agomessage-square39linkfedilinkcross-posted to: usnews@beehaw.org
minus-squarepsud@lemmy.worldlinkfedilinkarrow-up3·2 years agoThat was last time, we had a wage-price spiral. Wages went high, which pushed prices up, which pushed wages up, etc On this occasion it is a price-nothing spiral. Prices go up, wages stay static, prices go up, etc
That was last time, we had a wage-price spiral. Wages went high, which pushed prices up, which pushed wages up, etc
On this occasion it is a price-nothing spiral. Prices go up, wages stay static, prices go up, etc