Originally posted by Annoyed
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as for if others will take example (willingly), depends partially on how this plays out in that particular firm doesn't it
The only thing that might even temporarily mitigate this is if the vast majority of CEO's, stockholders, business owners and so forth in every business that is involved choose to eat the cost of the labor increase rather than pass it along in the form of prices. Even that will only slow things down, not stop it. But I don't think that is a reasonable expectation to begin with.
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