Forum Discussion
Bedlam
Jan 12, 2017Moderator
hone eagle wrote:
it is a rule economics ,the name escapes me ,but "wages follow prices" always.
It is called spiraling wage and price:
https://en.wikipedia.org/wiki/Price/wage_spiral
http://www.investopedia.com/terms/w/wage-price-spiral.asp
Basically there is no way to get something for nothing in life - Someone has to pay for it whether it is you or someone else supporting you.
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