• UnderpantsWeevil@lemmy.world
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    4 months ago

    Wages need to be increased and the best way to do that is to stop businesses undercutting wages by hiring cheap foreign labour.

    Urban density increases the efficiency of public services. Wage rates do not.

    Trying to keep populations small and fragmented does nothing to improve domestic quality of life. And rising domestic populations don’t hurt overall household incomes. Cartelized labor markets are what do that.

    Inflation is largely a global issue.

    Prices vary enormously by local regions. And price gouging is increasingly difficult over large distances.

    Inflation is most commonly a consequence of local commodity monopolization, not global price trends.