@return2ozma to News • 1 month agoExperts say high food prices are here to stay. Here's whywww.cnbc.comexternal-linkmessage-square58arrow-up1112arrow-down121cross-posted to: aboringdystopiaeconomy
arrow-up191arrow-down1external-linkExperts say high food prices are here to stay. Here's whywww.cnbc.com@return2ozma to News • 1 month agomessage-square58cross-posted to: aboringdystopiaeconomy
minus-square@[email protected]linkfedilinkEnglish-3•1 month agoOf course it’s complex. Markets and wages don’t react instantly. But “generally speaking” wages do catch up.
minus-square@[email protected]linkfedilinkEnglish1•1 month agoThey haven’t for the last 70 years. You make less than you’re grand parents.
minus-square@[email protected]linkfedilinkEnglish-2•1 month agoThis is so simplified it’s basically a lie.
Of course it’s complex. Markets and wages don’t react instantly. But “generally speaking” wages do catch up.
They haven’t for the last 70 years. You make less than you’re grand parents.
This is so simplified it’s basically a lie.