| Some pay rises must be more inflationary than others. on 08:24 - Aug 22 with 1419 views | BlueBadger |
Don't these people KNOW that by taking pay rises they're fuelling inflation? |  |
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| Some pay rises must be more inflationary than others. on 08:34 - Aug 22 with 1388 views | Zx1988 |
| Some pay rises must be more inflationary than others. on 08:24 - Aug 22 by BlueBadger |
Don't these people KNOW that by taking pay rises they're fuelling inflation? |
I think I've just about figured it out.
It's only pay-rises for those earning less than £50k a year that cause inflation. Or something like that. |  |
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| Some pay rises must be more inflationary than others. on 08:48 - Aug 22 with 1355 views | itfcjoe |
| Some pay rises must be more inflationary than others. on 08:34 - Aug 22 by Zx1988 |
I think I've just about figured it out.
It's only pay-rises for those earning less than £50k a year that cause inflation. Or something like that. |
Probably true, because those people actually need the money to spend it - lumping more money in a tax haven in your offshore trust probably doesn't drive up prices |  |
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| Some pay rises must be more inflationary than others. on 09:02 - Aug 22 with 1306 views | Guthrum |
| Some pay rises must be more inflationary than others. on 08:48 - Aug 22 by itfcjoe |
Probably true, because those people actually need the money to spend it - lumping more money in a tax haven in your offshore trust probably doesn't drive up prices |
Plus 20 people getting an extra £0.5m moves the economy less than a million workers receiving an additional £500. |  |
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| Some pay rises must be more inflationary than others. on 09:07 - Aug 22 with 1286 views | BanksterDebtSlave |
| Some pay rises must be more inflationary than others. on 08:48 - Aug 22 by itfcjoe |
Probably true, because those people actually need the money to spend it - lumping more money in a tax haven in your offshore trust probably doesn't drive up prices |
Ah but you just wait til it trickles down. |  |
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| Some pay rises must be more inflationary than others. on 09:11 - Aug 22 with 1263 views | Herbivore |
| Some pay rises must be more inflationary than others. on 09:07 - Aug 22 by BanksterDebtSlave |
Ah but you just wait til it trickles down. |
It's a been a couple of hundred years, I'm sure it'll start trickling any moment now. |  |
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| Some pay rises must be more inflationary than others. on 09:24 - Aug 22 with 1235 views | DJR |
| Some pay rises must be more inflationary than others. on 09:11 - Aug 22 by Herbivore |
It's a been a couple of hundred years, I'm sure it'll start trickling any moment now. |
The trickle down (from CEOs and other highly paid) in the form of the purchase of second homes in places like Cornwall appears only to price locals out of the housing market. |  | | |
| Some pay rises must be more inflationary than others. on 09:37 - Aug 22 with 1155 views | itfcjoe |
| Some pay rises must be more inflationary than others. on 09:07 - Aug 22 by BanksterDebtSlave |
Ah but you just wait til it trickles down. |
It'll trickle down to fund managers based in the British Virgin Islands | |
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| Some pay rises must be more inflationary than others. on 09:50 - Aug 22 with 1122 views | Darth_Koont |
The modern “wealth creators” are really just wealth hoovers. Making rich people richer and poor people poorer.
And we and our politics are predominantly in their pocket and at their service. |  |
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| Some pay rises must be more inflationary than others. on 11:21 - Aug 22 with 1042 views | Churchman |
| Some pay rises must be more inflationary than others. on 09:50 - Aug 22 by Darth_Koont |
The modern “wealth creators” are really just wealth hoovers. Making rich people richer and poor people poorer.
And we and our politics are predominantly in their pocket and at their service. |
You should be grateful for your trickle down crumbs from the masters’ table. ‘Thank e zurr’
Inflation has got nothing to do with workers wages. They have seen real incomes cut post 2010. Significantly. It has everything to do with supply and profiteering. Companies rightly maximise profit. It’s their obligation to their shareholders and if there is an opportunity to pile in under the cover of inflation, why wouldn’t you? There are ways of reducing the risk of this, but our beloved government are not interested in that sort of thing.
On supply, the word that must not be spoke has had a huge impact. Brexit. Smash up your supply chains, wind up on the wrong end of EU legislation and controls on 45% of what you import and a big chunk of what you export, and what do you think is going to happen? Everything from packaging, labelling, transport, licensing, delays at the port, you name it will push costs up. Swivel eyed unicorn believing loons still think it’s a good idea.
Add in Covid, poor transport infrastructure, lack of investment in anything, deregulation and allowance of unfair competition and there’s actually little to drive prices down.
As for the wealth creators, by and large they don’t. They just trouser the cash. There’s no correlation between their performance and what they are paid. One look at the financial crisis in 2009 will tell you that. There they were paying themselves a fortune while displaying stunning incompetence and greed.
Even when Alastair Darling did the bail out the worst of them still ummed and aaared over the no brainer decision. Why? Because his reputation and career was going down the pan and he was upset about it. Still, his pension was reduced as a punishment - to a measly £800k a year. The scumbag should have gone to prison. |  | | |
| Some pay rises must be more inflationary than others. on 11:57 - Aug 22 with 980 views | jayessess |
| Some pay rises must be more inflationary than others. on 08:24 - Aug 22 by BlueBadger |
Don't these people KNOW that by taking pay rises they're fuelling inflation? |
They had a little party when wage rises briefly ticked above inflation, without anyone mentioning how much of it was probably driven by city bonuses... |  |
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