I would like to say right from the outset of this post, that I have no knowledge of how the worlds financial systems work.
I guess my level of knowledge – monetary speaking – is the same as most other people out there. 1,195 more words
The more wages increase, the more the prices of the goods and services you buy will increase to compensate, which means wages will need to increase again and so the cost of goods and services increases even more… and so the cycle continues. 334 more words