The Impact of Minimum Wage Increases on Inflation

Sue: What dol we do in australia, victim blame. We just find the vulnerable group and blame them for any big problem. Richard: There's no wage price spiral because prices have surged. And let's be clear, profits have surged because lots of firms are increasing their prices above increases in costs. But again, we've been blaming the unemployed formako economic policies that ase unemployment for decades. Wouldn't we blame low paid workas one of your wage ris for causing inflation? We when it's prices that are doing it?