Inflation is actually not tightly coupled to wages, it’s a very small contributor compared to all other spending. As long as there’s enforcement against profiteering and market collusion, and monopolies / oligopolies are broken up, you don’t see immediate price prices (which is possible because average productivity per capita is going up over time)
Wonderfully said! My point was more about attacking profiteering landlords (as well as others that really shouldn’t be able to create massive profits off of like water and food) and not so much inflation. We need more enforcements like you mentioned. I was just attempting to bring up an idea of what one of those enforcements might be, and it’s potential benefits. It’s at -30 ish points right now, so I guess no one cares about all that.
Inflation is actually not tightly coupled to wages, it’s a very small contributor compared to all other spending. As long as there’s enforcement against profiteering and market collusion, and monopolies / oligopolies are broken up, you don’t see immediate price prices (which is possible because average productivity per capita is going up over time)
Wonderfully said! My point was more about attacking profiteering landlords (as well as others that really shouldn’t be able to create massive profits off of like water and food) and not so much inflation. We need more enforcements like you mentioned. I was just attempting to bring up an idea of what one of those enforcements might be, and it’s potential benefits. It’s at -30 ish points right now, so I guess no one cares about all that.