return2ozma@lemmy.world to News@lemmy.world · 3 days agoExperts say high food prices are here to stay. Here's whywww.cnbc.comexternal-linkmessage-square58fedilinkarrow-up1111arrow-down121cross-posted to: [email protected]
arrow-up190arrow-down1external-linkExperts say high food prices are here to stay. Here's whywww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 3 days agomessage-square58fedilinkcross-posted to: [email protected]
minus-squareatzanteollinkfedilinkEnglisharrow-up2arrow-down4·3 days agoOf course it’s complex. Markets and wages don’t react instantly. But “generally speaking” wages do catch up.
minus-squaretheonlytruescotsmanlinkfedilinkEnglisharrow-up3arrow-down2·3 days agoThey haven’t for the last 70 years. You make less than you’re grand parents.
minus-squareatzanteollinkfedilinkEnglisharrow-up2arrow-down3·3 days 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.