Higher wages does NOT mean higher inflation

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You have to be kidding...

The UK just raises pensionable age, problem solved

I'm not

the reason immigration is so necessary is that we've set ourselves up to DEPEND on it

So explain as to why prices in countries with high wages are astronomical?

like a drug

They are marginally connected by market factors, but they are not tied together @Capitán Alatriste

Have you seen prices in Switzerland?

and compare them to the high wages?

How do they compare with Purchasing power parity?

Look at their taxes

Prices rise with wages. You think shop owners and businesses are going to not want to cash in?

Ok i'm just theorising here, now the EU parliament has proportional representation within the parliament. What decides this proportion ?. Is it population ratios between each country and if so, does it mean Germany is trying to rig the game by importing as many people into it's country to gain more and more of that proportion ?.

I don't think you even know what PPP is

Okay look at California gasoline @Capitán Alatriste

@GR0MIT pretty sure it's population, yeah

If you hold a business and you see people earning more, you are going to rise prices, as well as to cover rising expenses for your workers

@aradesh That'll be why then.

@Capitán Alatriste Marginally, yes

I know what PPP is, and it is determined by wages

But not proportinally

They get fucked in Califkrnia with insane gas prices around $5.45 while ours is $3.45

@GR0MIT i'm pretty sure they're too shortsighted to want to boost their population. it's more just that they want cheap labour, and lots of people are making money from human trafficking

PPP is more than wages

@aradesh Not a taxable thing, human trafficking.

High wage and a stable economy and currency make a high PPP.

Eh, not really

@GR0MIT no but there are probably enough influential people making money from the process to have some influence.

That is not a matter of fact though, there is more to it isn't there?

Price of goods in a region also determine ppp

Property values

Tax rates

And prices are for the most part determined by wages, very rarely do you have a situation of high prices and low wages

at least in the long run

short run perhaps as the markets adjust

How much does Switzerland have to pay in VAT when importing goods from neighboring countries?

I mean no. That wouldn't explain why we see prices for bread and milk fluctuate while salaries stay the same.

nothing since Switzerland is in the common market

They might he linked sure, but they themselves are not cause and effect