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xapata
on March 11, 2022
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Ask HN: Is your company considering inflation in t...
Wages
are
prices. A wage is the price of labor. When wages increase, inflation is happening, by definition.
somebodythere
on March 11, 2022
[–]
The price of labor can increase faster than the price of goods increases. This is usually what people refer to when they talk about the development of a country's economy, or a country getting "richer".
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