prices go up?
Why.
Help.
Why is government printing more money and giving it to me a bad thing. I need it to live.
I’d like both the econ101 (fake, lib, propaganda) and the marxist (real, truth, based) answer pls.
What is happening is that we are stretched, and so we are inclined to negotiate wages even more.
When some companies start raising their prices and then other prices start raising theirs to catch up, there is higher inflation. When some companies raise prices but people buy less and most of their competitors don’t follow along, there is lower inflation.
