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michael
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Comments by "michael" (@michaeld4861) on "Why Inflation Is So Hard To Get Rid Of" video.
Wage-price spiral is just nonsense made up by billionaires and corporations to trick you into earning less money and paying more for the same things. It's pure bs propaganda. Wages have not even kept up with inflation in the last 40-50 years, therefore there literally cannot be a wage-price spiral. Corporate profits are at all time highs. The only wage-price spiral is the wages of billionaires as their bank accounts and our misery both spiral out of control.
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It's literally just corporations price gouging everyone, because they are all monopolies now and they can. They have literally been bragging about it in earnings calls for 2 years now.
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