56 People urged by Bank of England economist to 'accept' being poorer (news.sky.com) posted 1 year ago by DigialDude 1 year ago by DigialDude +56 / -0 People urged by Bank of England economist to 'accept' being poorer Huw Pill said people and businesses have responded to higher bills by asking for higher wages or charging their customers more money - and has warned both risk stoking inflation further. 19 comments share 19 comments share save hide report block hide replies
This is the same basic austerity stuff that inspired Occupy Wall Street in the US a decade ago, but I’m sure now if an American government said this you’d have half the population arguing that it’s “needed” for equity reasons.
Truth, but it’s the UK that number is 75%.