Sunday 24 July 2022

On The Money

Inflation obviously could not have been caused by pay rises that had not happened, so it must have been something else.

If you can pay dividends, but not wages that keep pace with price inflation, then your business model is as faulty as if the reverse were the case, if not even more so.

There would be no point or purpose to a trade union that did not fight for such wages. If you want some of that, then join a union.

And a sovereign state with its own free floating, fiat currency has all the necessary fiscal and monetary means to control inflation, means that therefore need to be under democratic political control.

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