system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: If the wages go up to combat the inflation why do we keep bumping up the price of things instead of leaving it as it is?

Edit: thank you very, very much for all the anwsers. At this point I'm not in total darkness and have a big picture of how economics works. It's FAR more complex than I initially thought it would be. It's crazy!
gpt
Prices mostly go up mostly as a result of low supply combined with high demand. When interest rates are low (money is ‘cheap’), people borrow/spend more (think mortgages, car loans, credit cards, etc.) This increased demand drives up prices. This is inflation. Companies, i.e. employers (whose revenues have increased because prices have gone up) pay their employees higher wages, because if they don’t they lose them to a company that pays more. 

It’s important to keep in mind that the price and wage increases for the most part cancel each other out - in principle anyway. There are other reasons, however, why a high inflation rate is not desirable. To keep inflation in check, the Federal Reserve will typically increase interest rates to discourage excessive borrowing/spending.