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What do you mean when wages don't go up and prices go up?
If wages do not rise, rising prices are called inflation.

According to the principles of Marxist economics, it is very easy to understand the long-term depreciation of this currency. According to Marxist economic theory, human beings have created surplus value while producing. It can be said that if wealth can be measured by money, then the total amount of money before production is equal to the total value of goods to be produced. Once a commodity is produced, due to the surplus value created by production and labor, the total amount of money is less than the total amount of money needed for the sale of goods created by people.

If the money added by the people is less than the surplus value created by the people, and the total amount of money is insufficient, the surplus value attached to commodities cannot be realized, which will be manifested as economic stagnation. On the contrary, if the currency issued by the people far exceeds the surplus value of goods, hyperinflation will occur.

Price increase:

To put it simply, the RMB is oversold, and one of the purposes of oversold is financial demand, in addition to boosting GDP. If there are still so many things on the market, but more money is paid, then prices will naturally rise at this time.

It is an indisputable fact that labor costs are generally higher and higher, but the wages of some people have not risen, and the situation of a few people is not enough to represent the overall situation. Although most people's wages have gone up, the rate of rising wages caused by inflation is far behind the pace of rising prices. And people's main income is used to buy a house, pay interest, raise children and see a doctor. The quality of life of most people decreases with the increase of income, so migrant workers often have no feeling about the rise of wages.