this post was submitted on 14 Feb 2024
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[–] HorseRabbit@lemmy.sdf.org 36 points 9 months ago

"wage growth ... could lead to inflationary pressures becoming entrenched"

Never mind the report from the bank of England saying that the vast majority of the current inflation is due to increased corporate profits (price gouging bastards). No, if the struggling poor ask for their wages to keep up with prices then "inflationary pressures become entrenched".

Actually evil. These people have nothing but contempt for you. "You will suffer, and you will say thank you, or we will raise your rent again".