103 CNBC unironically argues that the "upside to inflation" is "higher wages" (archive.is) posted 3 years ago by UnsubtleAardvark 3 years ago by UnsubtleAardvark +103 / -0 45 comments share 45 comments share save hide report block hide replies
It's a "Let them eat cake" moronic argument. Dollars are just the yardstick by which we measure wealth and not wealth itself. Inflation is the symptom of the real problem: that supply has fallen relative to demand.
The supply has artificially fallen relative to demand