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>There has been a recent example of that in the UK, where a number of politicians and professionals (central bankers, economists) have said an important objecti
by tonyedgecombe 3y ago
>There has been a recent example of that in the UK, where a number of politicians and professionals (central bankers, economists) have said an important objective is to reduce wage inflation.
The objective isn't to reduce wage inflation, it's to reduce general inflation. Restraining wages is one way of doing that.
- graemep 3y agoYes, but my point is that, even assuming agreement on the objective of reducing inflation, there will still be disagreement on whether whether reducing wage inflation is the right way to do it depending on what your other objectives are.
- tonyedgecombe 3y agoWhich is different from implying they want to do it just for the lolz.