Re:Low interest rates in advanced countries have pushed mone...
by linguae on Wednesday November 24, 2021 @05:40PM
(#29336022)
That's funny; my wages didn't increase to match inflation this year when I received my performance review. None of my family members or friends also received such raises. Yet the prices of everything else went up around me, especially housing. Heck, even the Dollar Tree wants 25% more.
In a bout of inflation, not all prices increase at the same rate at the same time; this is known as the Cantillon effect (https://en.wikipedia.org/wiki/Richard_Cantillon).