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Then why isn't rampant global inflation feeding into UK wage inflation? Why indeed is 'wage inflation' the horror that the broken austrian school consider it t
by guiriduro 4y ago
Then why isn't rampant global inflation feeding into UK wage inflation? Why indeed is 'wage inflation' the horror that the broken austrian school consider it to be? Why was multi-decade house price inflation not considered an equivalent evil and managed by policy?
Maybe, not all inflation is bad, but the wrong kinds have been permitted and the current 'wrong' kinds are now being punished. And if working families are going hungry, its very clear the wrong kind of inflation is being suppressed.