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Jim my
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Comments by "Jim my" (@chowsquid) on "Why Inflation Is So Hard To Get Rid Of" video.
It’s a vicious cycle. ||: Prices go up leads to wages going up leads to prices going up leads to wages going up leads to…. :||
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Previously, a Big Mac in my area was about 1/2 hrs wage. ~$10/hr. Now a Big Mac is around….1/2hrs wage at $15/hr. Before the pandemic a Bibimbap hot stone was $12.25. Wage ~$10/hr. Now it’s $18.99 with wage at $15/hr.
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@edgare4291 not if you have all robots….just like Wall.E
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That’s why it’s an art.
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Thanks for doing your part in taming inflation 🫡
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@sidharthsundaramramachandr5384 like companies can snap their fingers and produce more. Most places without robots would need to higher more people to produce more. And currently they are just trying to hire to maintain current business. And they have to pay more to get those hires.
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Avian flu. Prices coming down now.
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