return2ozma@lemmy.world to News@lemmy.world · 1 year agoExperts say high food prices are here to stay. Here's whywww.cnbc.comexternal-linkmessage-square40fedilinkarrow-up1101arrow-down119
arrow-up182arrow-down1external-linkExperts say high food prices are here to stay. Here's whywww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square40fedilink
minus-squareatzanteol@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down5·1 year 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-down2·1 year agoThey haven’t for the last 70 years. You make less than you’re grand parents.
minus-squareatzanteol@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down4·1 year 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.