It sucks but wages just aren't keeping up with the price increases. All that money is just getting sucked up by the government as they pay themselves and their friends.
It sucks but wages just aren't keeping up with the price increases. All that money is just getting sucked up by the government as they pay themselves and their friends.
It would be nuts if wages would keep up with these prices too as that would make inflation spiral out of control. But yeah, that is a difficult period for regular people, but not as bad as deflation would be.