ChrisMayLA6,
@ChrisMayLA6@zirk.us avatar

More evidence of greedflation & the maintenance & boosting of profits, as a driver of inflation.

But, the Q is whether the sado-monetarists care about such evidence or are happy to continue with the ideologically driven economic modelling that asserts greedy workers as the ket cause of inflation?

Oh we know the answer, the BoE will be quoting three month wage rise data not profits' trends across years, because that doesn't support disciplining the workforce.

#workers
https://www.theguardian.com/business/article/2024/may/15/uk-firms-accused-of-profiteering-study-finds-margins-rose-30-percent-post-pandemic

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