If wages had risen appropriately then people wouldn't have trouble paying the ki... | Hacker News

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SomeBoolshit on March 11, 2023 | parent | context | favorite | on: The Coffeeshop Fallacy (2011)

If wages had risen appropriately then people wouldn't have trouble paying the kinds of prices necessary to keep small places like the ones you're talking about running.

zdragnar on March 11, 2023 [–]

This is simply called inflation, and the end result of the long chain of effects is that nobody is better off for it.

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