return2ozma@lemmy.world to News@lemmy.world · 1 month agoExperts say high food prices are here to stay. Here's whywww.cnbc.comexternal-linkmessage-square58fedilinkarrow-up1112arrow-down121
arrow-up191arrow-down1external-linkExperts say high food prices are here to stay. Here's whywww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 month agomessage-square58fedilink
minus-squareatzanteol@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down5·1 month agoOf course it’s complex. Markets and wages don’t react instantly. But “generally speaking” wages do catch up.
minus-squaretheonlytruescotsman@sh.itjust.workslinkfedilinkEnglisharrow-up4arrow-down3·1 month agoThey haven’t for the last 70 years. You make less than you’re grand parents.
minus-squareatzanteol@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down4·1 month agoThis is so simplified it’s basically a lie.
Of course it’s complex. Markets and wages don’t react instantly. But “generally speaking” wages do catch up.
They haven’t for the last 70 years. You make less than you’re grand parents.
This is so simplified it’s basically a lie.