They made people believe that wages are somehow the only costs companies have. So when the wages rise with 14%, prices have to raise with 14% as well and the spiral begins. In reality, wages make up a much smaller part of a company than people think.

In Belgium most wages are tied to inflation, meaning a lot of people actually got a 10%+ increase of their wage last year. It’s not perfect, inflation is still high and cost of living is increasing a lot, but it helped Belgium get better out of the crises we faced. So much to the point even the neolib government officials said so.

Wages are too high, but it’s at the C-level. The average worker is way underpaid for the value they provide.