Is It as Simple as That?

Inflation news and new and new phenomena, perhaps, to many of our listeners, am, can you explain? People say, is it as simple as this, that if inflation is six %, and i'm paid a hundred thousand a year, ah, then effectively, if prices go up six % across my society and i don't get a pay rise, i've had a six per cent da factor pay reduction. Noi think it does work as brutally simple as right provide, right? You know, the cost of the things that you consume is the sam is te set beyond measure. Yet, if inflation goes up and your pay doesn't, then your real income is going down