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Marxism-Fennekinism to Late Stage Capitalism@lemmygrad.ml • 3 years ago

Workers asking for pay rises risk embedding inflation, says Bank boss

www.theguardian.com

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Workers asking for pay rises risk embedding inflation, says Bank boss

www.theguardian.com

Marxism-Fennekinism to Late Stage Capitalism@lemmygrad.ml • 3 years ago
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'If everybody tries to beat inflation – in price-setting and wage-setting – it gets worse,’ warns Andrew Bailey
  • Anarcho-Bolshevik
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    8•3 years ago

    according to the governor of the Bank of England

    You mean the same Bank of England that gave a loan to Fascists enabling them to settle an absurd quantity of unpaid trade credits, but apparently can’t pay workers a living wage without provoking the Apocalypse? That Bank of England?

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