> comcast.net> wrote in message
> news:9hddj25n0pgv61esk4uuobafglfgurcvq7@4ax.com...
>

>> On Wed, 18 Oct 2006 22:46:35 GMT, Les Cargill cfl.rr.com>
>> wrote:

>>>

>>>> And since wages are not the only component of prices they will not
>>>> go
>>>> up as much.

>>>
>>>It has nothing to do with this as a component of prices. It has to do
>>>with the fact that more people have more money to chase
>>>goods with. The demand is the same, so price adjusts.

>>
>>
>> Or manufacturers will decide to capture the increased demand by
>> producing more. You seem intent on only working your favorite variable
>> at a time.
>>

>
> Suppose I am all the manufacturers in the country. If I can capture all
> of the income in the country by producing at my current level, why
> should I increase my production just because more dollars are available?

> I can still capture all of the income in the country just by raising my
> prices, without incurring any added expenses.
> for it."