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Marxism-Fennekinism@lemmy.ml 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@lemmy.ml 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
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  • stalinsghost☭@lemmygrad.ml
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    3 years ago

    https://australiainstitute.org.au/post/profits-causing-inflation-in-australia-not-wages-european-central-bank-abs-data-reveal/

    • FossilPoet@lemmygrad.ml
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      3 years ago

      https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/

      https://www.epi.org/blog/wage-growth-has-been-dampening-inflation-all-along-and-has-slowed-even-more-recently/

  • FossilPoet@lemmygrad.ml
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    3 years ago

    Why does the title read like an article from The Onion?

    • Marxism-Fennekinism@lemmy.mlOP
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      3 years ago

      I found it on /r/NotTheOnion lol

  • blkpws@lemmy.ml
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    2 years ago

    deleted by creator

  • redtea@lemmygrad.ml
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    3 years ago

    These the same bank bosses happy with increasing interest rates?

  • Anarcho-Bolshevik@lemmygrad.ml
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    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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