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Thread: The farmer workers' pay rise leads to inflation???
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[quote=JIMMYB,280078]On March 22nd, the head of NBS (National Bureau of Statistics) made a speech during a high level forum. He says that the government should balance farmers' income from engaging in agriculture and working in cities to avoid rapid increase in farmer's income from working in cities because it causes quick growth in prices and wages. More seriously, it boosts inflation. On the other hand, the government should give more subsidies to help agriculture development. I doubt that if the farmer workers' pay rise can lead to inflation. According to some expets, the inflation is triggered by soaring food prices. What do you think? Can farmer workers' pay rise lead to inflation?[/quote]
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