TL;DR; You can raise minimum wage quite a bit, but prices only go up a tiny bit.

  • @UnderpantsWeevil
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    222 days ago

    Primary drivers of price increases continues to be real estate rents and administrative overhead.

    • snooggums
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      222 days ago

      Also unending growth and profit seeking, becsuse there is nothing capitalism loathes more than a stable business that isn’t trying to dominate the market.

    • @[email protected]
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      52 days ago

      I think you forgot pure, unmitigated price gouging.

      Record breaking profits during 40 year inflation. It’s glaringly obvious.