#greedfaltion — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #greedfaltion, aggregated by home.social.
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When crises collide:
#NHScrisis (and #LongCovid) contribute the largest proportion of 'economically inactive' #workers....
driving labour shortages in a time of #inflation & #costoflivingcrises,...
while #greedfaltion (yes its a thing), drives both #inflation & decline in real wages...
causing some pressure (as a lagging factor) on wages to rise.
So what is the #BoE going to do; yes raise #interest rates to drive a #recession to compound the economic damage.
It looks like #classwar & is!