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July 23, 2014

What Your Chipotle Burrito Is Trying to Tell You About the Economy

You've probably always thought of inflation as a bad thing, but in some cases inflation can be a good thing. Let's say, oh I don't know, your economy has been a Lovecraftian nightmare hell for workers for the past five years, with nobody ever getting raises, aside from evil, hairless-cat-stroking CEOs. Does that sound like an economy you might know personally? If companies can raise prices and get away with it, then maybe they'll feel better about raising wages. And/or if wages start rising, then that gives people more money, which they can then spend on stuff, which could also cause prices to go higher.

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