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Wage price spriral argument with my dad

Obligatory written on my phone. My dad uses the wage price spriral as an excuse for why wages shouldn’t rise. He says that if wages keep rising, prices will keep rising too and that it won’t get better that way. I find it hard to argue and I don’t know if it’s because I don’t fully understand the wage price spiral or if it’s something else. Who can help me?


Obligatory written on my phone.

My dad uses the wage price spriral as an excuse for why wages shouldn’t rise. He says that if wages keep rising, prices will keep rising too and that it won’t get better that way.

I find it hard to argue and I don’t know if it’s because I don’t fully understand the wage price spiral or if it’s something else. Who can help me?

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