(02-09-2023, 11:58 PM)Nero Wrote:(02-09-2023, 10:17 PM)andrewjs18 Wrote:All due respect, I wasn't surmising, this is an economic fact.(02-09-2023, 10:05 PM)Nero Wrote: They should pay more = consumers pay more = more inflation = rise interest rates = less investment = moving backwards
No thanks.
I think that can be somewhat true, but also can see where Blackland Razors is coming from too. In my current job role, I'm massively underpaid per the going market rates so my solution is to look at other companies who value my talent more. in fact, I have an interview in a few hours where I'll be getting paid 2x what I'm making now...
Good luck in your interview, I hope you get it.
Fact according to who, exactly?
This is demonstrably false with a really, really simple point - companies don't print money. They are paying people with money that already exists. Inflation comes from printing money. Circulating existing money is literally one of the indicators we base our economy on.
Even besides that, it's not like everyone everywhere gets exactly the same raise at the same time.