thedaidai t1_j18xhbm wrote on December 22, 2022 at 3:22 PM Reply to comment by mrpoops in Leaked internal document shows Amazon expects a soft landing for the US economy and little chance of a recession, a rosier outlook than many other forecasters by Sorin61 Except higher wages tend to fuel acceleration of inflation. Yes, it absolutely could have. EDIT: lol at the downvotes. It's called the Wage-Price Spiral. Look it up dumbasses it is a very basic macroeconomics concept Permalink Parent −4−
thedaidai t1_j18xhbm wrote
Reply to comment by mrpoops in Leaked internal document shows Amazon expects a soft landing for the US economy and little chance of a recession, a rosier outlook than many other forecasters by Sorin61
Except higher wages tend to fuel acceleration of inflation. Yes, it absolutely could have.
EDIT: lol at the downvotes. It's called the Wage-Price Spiral. Look it up dumbasses it is a very basic macroeconomics concept