As wage growth continues to slow in the UK, it will be interesting to see how the BoE will explain any residual inflation, given they are keen to avoid looking too closely at the 'maintenance' of profits....
Likely it will be the return of 'external factors' if they cannot keep blaming workers for seeking to repair their loving standards.
#inflation #workers #corporations
Emeritus Prof Christopher May /
npub1hr…f2ktj
2024-03-12 17:56:26
Author Public Key
npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktjPublished at
2024-03-12 17:56:26Event JSON
{
"id": "8620eda72fe0fa8f3657a32f0832a2ea2d6492666318c163722fd2a8604498e2",
"pubkey": "b8de67a365b436ce300eb1049973026143f99e3d3712b326f302b7d6f49a2902",
"created_at": 1710266186,
"kind": 1,
"tags": [
[
"t",
"Inflation"
],
[
"t",
"workers"
],
[
"t",
"corporations"
],
[
"proxy",
"https://zirk.us/users/ChrisMayLA6/statuses/112084004784954107",
"activitypub"
]
],
"content": "As wage growth continues to slow in the UK, it will be interesting to see how the BoE will explain any residual inflation, given they are keen to avoid looking too closely at the 'maintenance' of profits....\n\nLikely it will be the return of 'external factors' if they cannot keep blaming workers for seeking to repair their loving standards.\n\n#inflation #workers #corporations",
"sig": "04fd67f3c89777136b719284e8c5720c0c448515eaab3eba6f3aad87b3758883ac7327f278f9e8cd4d9007886afdd998248841690e202aef499eb60a98be493f"
}