I may be wrong but I believe the article is paraphrasing the “be modest with your payrise expectations or we’ll have inflation!” nonsense from a few months ago.
Like yh, that’s the problem, nothing to do with a quarter trillion pumped in the the economy during COVID or Brexit.
The elite are once again trying to saddle the common man with the downfalls of the economy whilst they continue to laugh all the way to the bank.
Sorry if I got the wrong end of the stick with your comment.
@13esq@BowserDelta
Money is, at root, promises.
Fungible, serialised, abstracted, standardised, but based on promises.
Inflation occurs when the promises are less completely believed.
I do not say other things could not cause inflation, but a vast liar leading a party of liars, cheats, thieves and incompetents must lead to devaluation of the country’s promises.
I may be wrong but I believe the article is paraphrasing the “be modest with your payrise expectations or we’ll have inflation!” nonsense from a few months ago.
Like yh, that’s the problem, nothing to do with a quarter trillion pumped in the the economy during COVID or Brexit.
The elite are once again trying to saddle the common man with the downfalls of the economy whilst they continue to laugh all the way to the bank.
Sorry if I got the wrong end of the stick with your comment.
@13esq @BowserDelta
Money is, at root, promises.
Fungible, serialised, abstracted, standardised, but based on promises.
Inflation occurs when the promises are less completely believed.
I do not say other things could not cause inflation, but a vast liar leading a party of liars, cheats, thieves and incompetents must lead to devaluation of the country’s promises.