The trend of price increase will gradually develop, and not all commodity prices will change in the same range at the same time. There are always some prices that go up faster. Those who get the new money first will not buy the same kind and quantity of goods as yesterday. The newly added currency is used to buy some commodities, so the prices of these commodities rise, while the prices of other commodities maintain the prices before the newly added currency enters the market. So what we see in our life is that some commodities increase in price first, and some commodities increase in price later.
The currency in circulation in the market has increased, but it has not been distributed evenly to everyone in time. The fact is that money is slowly infiltrating into every industry, and this process takes time. Therefore, the person who gets the new money first benefits first, and the person who gets the new money last is relatively damaged.
For example, in wartime, factories and workers who produce arms will get new money first, and at this time, before the commodity prices in the market are adjusted, they will get a large number of goods at the prices before they rise. Therefore, they are in a favorable position. They have more money, enhanced their spending power, and the business of restaurants and shops around the arsenal has also improved, which will benefit restaurants, shops and waiters. The impact of new funds on the market is like a ripple in the water, which spreads again and again. At this time, some commodities will increase in price, but the industries and individuals who finally get the new currency are at a disadvantage, because before the new currency reaches their hands, they are forced to pay higher prices for some commodities they want to buy, but their income is the same as before, or it is not proportional to the price.
It can be seen from the changing process of rising prices that wages have indeed been pushed up. However, the increase in wages is not consistent. Different groups are affected by price increases in different ways. Those who get the new money first get the temporary income first. Generally speaking, some industries raise wages first, and some industries raise wages later. The industry that raises wages first is in a favorable position, and the industry that raises wages later is in a relatively unfavorable position.