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BAD NEWS: UPS just threatened to train "new hires" so they don't have to raise wages
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<blockquote data-quote="Sissy Brown Short Shorts" data-source="post: 5651443" data-attributes="member: 67435"><p>The current inflation shock we’re going through now is that people were paid to stay home (not producing anything) they were paid more to stay home and everyone was given stimulus checks (increasing the money supply) and the government was passing these huge spending bills (increasing the money supply) thus we had less things on the shelf and less people to perform services but a lot of people with way more money than usually looking to buy goods or services that weren’t available. That increases prices. If everyone was paid more across the board you wouldn’t have more money you would just pay more for everything. You could buy a shotgun in 1950 for probably 40$ at sears and you made 5k a year. Now you make 60k a year and a shotgun costs 500$ It’s the same job and the same product.</p></blockquote><p></p>
[QUOTE="Sissy Brown Short Shorts, post: 5651443, member: 67435"] The current inflation shock we’re going through now is that people were paid to stay home (not producing anything) they were paid more to stay home and everyone was given stimulus checks (increasing the money supply) and the government was passing these huge spending bills (increasing the money supply) thus we had less things on the shelf and less people to perform services but a lot of people with way more money than usually looking to buy goods or services that weren’t available. That increases prices. If everyone was paid more across the board you wouldn’t have more money you would just pay more for everything. You could buy a shotgun in 1950 for probably 40$ at sears and you made 5k a year. Now you make 60k a year and a shotgun costs 500$ It’s the same job and the same product. [/QUOTE]
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BAD NEWS: UPS just threatened to train "new hires" so they don't have to raise wages
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