Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 8 months agoHalf of recent US inflation due to high corporate profits, report findswww.theguardian.comexternal-linkmessage-square34fedilinkarrow-up1709arrow-down18cross-posted to: usnews@beehaw.organtiwork@lemmit.onlineglobalnews@lemmy.zip
arrow-up1701arrow-down1external-linkHalf of recent US inflation due to high corporate profits, report findswww.theguardian.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 8 months agomessage-square34fedilinkcross-posted to: usnews@beehaw.organtiwork@lemmit.onlineglobalnews@lemmy.zip
minus-squarepsud@lemmy.worldlinkfedilinkarrow-up3·8 months 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