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Help please explaining inflation!

Hi! For reference, my husband and I live in northern California, where the minimum wage is $15 – far above the federal minimum. My husband is complaining that ever since, prices have sky rocketed, but I’ve been trying to explain that 1) the inflation happened before the wage hike and 2), after adjusting for inflation, the real wages are still lower and therefore not the problem. Could someone please point me to some research to help explain this to him? I think he’s just ignoring my arguments because I’m angry about being exploited by my bosses (which I have been) and because traditional economics says that the two are linked (which yes, they are, but that’s not tue current driver of the inflation), so fact-based external information would help me convince him that I’m not just standing on a soap box! Thank you in advance!!


Hi! For reference, my husband and I live in northern California, where the minimum wage is $15 – far above the federal minimum. My husband is complaining that ever since, prices have sky rocketed, but I’ve been trying to explain that 1) the inflation happened before the wage hike and 2), after adjusting for inflation, the real wages are still lower and therefore not the problem. Could someone please point me to some research to help explain this to him? I think he’s just ignoring my arguments because I’m angry about being exploited by my bosses (which I have been) and because traditional economics says that the two are linked (which yes, they are, but that’s not tue current driver of the inflation), so fact-based external information would help me convince him that I’m not just standing on a soap box! Thank you in advance!!

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