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Aaron Okeanos
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Comments by "Aaron Okeanos" (@AaronOkeanos) on "Should wages be increased to match inflation? We ask an expert | DW News" video.
There is no Inflation-Spiral. It's an argument invented by lobbyists and wealthy people to fear people into submission for taking real-term wage cuts by inflation. This argument completly ignores without workforce there are no gains, no profits, no dividends. And more importantly it completely ignores productivity meaning 1€ in workforce costs lead to much more than 1€ in gains. And productivity has never been higher thanks to IT.
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