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A comment on The Doorman's Fallacy in Action. Parent comment

Re:The Doorman's Fallacy in Action by philipallstar on Saturday June 27, 2026 @08:43PM (#48703237)
> If productive sector employees' demand for goods causes inflation, prices will rise.

I'm not sure what you mean. Prices rising is what we call 'inflation' - one doesn't cause the other. They're the same thing.

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Re:The Doorman's Fallacy in Action by Tarq0n on Sunday June 28, 2026 @08:07AM (#48706626)
Rising demand induces inflation because more money is chasing the same goods.
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Re:The Doorman's Fallacy in Action by philipallstar on Sunday June 28, 2026 @04:01PM (#48711006)
That might just mean more competition is created as there's a bigger market to chase. Minimum wage has the same risk as the one you mentioned, but also all but guarantees higher prices (particularly on labour-intensive goods such as food) as everyone's wage needs to go up to make the harder/worse jobs worth doing.
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