• r00ty@kbin.life
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    1 year ago

    Are they the same people that say we shouldn’t ask for a pay-rise because the cost of everything is going up, because it will cause the cost of stuff to go up even more? Or the same tools operating the Bank of England increasing interest rates to curb inflation despite that fact the only prices inflating now are food (and I guess property rent), i.e. essentials we NEED to buy causing food poverty and/or home repossessions?

    I don’t doubt they’re super smart at economics. I just think they might have lost touch with the effect these ideas (like the one in this post) have on real people.