Well if it costs me $100 in fuel to drive to work per day (hyperinflation) but I'm only paid $100 for that days work, why would I keep doing it?
It would be impossible to find work that paid at the same rate as inflation, making all work performed and paid a net negative for the worker given cost of living increase.
Well if it costs me $100 in fuel to drive to work per day (hyperinflation) but I'm only paid $100 for that days work, why would I keep doing it?
It would be impossible to find work that paid at the same rate as inflation, making all work performed and paid a net negative for the worker given cost of living increase.