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self-oscillating
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Join Date: Jul 2014
Posts: 45,687
Favourites:
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self-oscillating
Join Date: Jul 2014
Posts: 45,687
Favourites:
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what we have now is not typical inflation. Typical inflation occurs when people have too much money in their pockets, driving demand for goods skywards. On this occasion, people dont have enough money in their pockets for basic subsistence, they need more money to survive and to afford essential utilities and services. So the mantra that pay rises feeds inflation is complete bollocks, because the inflation is entirely related to energy prices that are immune to the effects of rising pay
Last edited by bitontheslide; 26-06-2022 at 05:22 PM.
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