"One man's wage increase is another man's price increase"

This quote by Harold Wilson is a suggestion that economic choices have effects for everyone. It suggests that when one person's incomes increase, the expense of goods and services will also increase for everyone else. This is due to the fact that the increased earnings of one person will cause a boost in need for goods and services, which will in turn cause a boost in rates. This quote is a suggestion that financial choices are adjoined and that any choice made by someone can have a causal sequence on the whole economy. It is a tip that financial decisions need to be made with consideration for the larger implications.