Both happened, because the dollar lost value, so they increaased the number of dollars for something. Pay inflation and retail inflation are effects of thje underlying problem.
I may be seeing double here... economics seems to be a shell game played by grifters; one gets a raise and then the goods industry raises their prices accordingly in addition to a % for the CEO and shareholders for their inconvenience for having to raise their prices Ta ! (short for tarradiddle), tailor
Exactly Ta ! (short for tarradiddle), tailor
And what does it say about a society that lets its people live in barely livable conditions?
