Quote:
Originally Posted by Dr. Bobsky
Everyone's wages should be matched to inflation. This isn't a raise -- its preventing a loss in real wages; if you want to actually earn more you work for it...
And yes: corporations often take more profits when inflation is higher because they can hide this profit taking in the inflation... which is precisely what is happening right now.
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If you are talking about big corporations sure, but small business employe far more people. As a small business owner, I can assure you, I’m not getting anything from inflation, other than a lower effective income, just like most people. We would get dumped by many of our clients if we increased prices to match inflation.