United Kingdom
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Sorry, I'm poor. What does inflation have to do with my inability to buy anything? Will my pay increase, or prices decrease with less inflation?
Prices won't decrease but they are just rising fast instead of really fast which is... progress?!
Technically peoples pay should increase but there will no doubt be a nice lag to that too won't there.
https://imgflip.com/i/7vwr9e
Yeah but if we do that then inflation will just go up more. Somehow. Even though real wages has been dropping for decades.
Almost like the system is fucked hey.
A̶l̶m̶o̶s̶t̶ ̶l̶i̶k̶e̶ the system is fucked hey.
Let's be accurate! :)
Real wages have not been dropping for decades.
Decades looks to be an exaggeration. About a decade and a half.
https://ichef.bbci.co.uk/news/976/cpsprodpb/9AEB/production/_108295693_earnings.cpi-2019-aug-13-nc.png.webp