Past income

In my younger, more naïve years, I always thought that the main reason things like gas rose in price was due to scarcity, or for food was because it was  harder to make, etc, but now I understand that the bigger story has to do with how much people get paid. its simple give take math. If a company is going to pay its employees more than usual, they are going to compensate by charging more for products and or services to keep income steady, therefore applying to every district, even the little guys distant but still involved in a job or produt, and over the years, more people have asked for higher pay in jobs, resulting in higher costs, altering the economy.