That’s ok, neither do our wages. A Balence to all things.
Yeah funny that. When people have less money they have *checks notes* less spending power…
yes how dare consumers stop spending, when they have no money left after rent and energy costs. Fuck every business who demonstrates an entitlement to my money.
We all poor now.
Thanks to two decades of terrible politicians for totally fucking up the economy with several wars of choice, unreformed public services leading to vast deficit spending, insane Covid lockdowns, Net Zero and impossibly high taxes.
Welcome to Third World Britain. Enjoy being dirt poor. We deserve far better from our leaders.
Its almost as if the weeks of news about us having a predicted recession deeper than any other country and the last 9 months of news about energy bills rising higher again is making people think about spend less or something
I’ve never seen consumer spending compared directly to inflation like that
Slower consumer spending can help to prevent the economy from overheating and avoid unsustainable levels of debt. Additionally, lower levels of consumer spending can also help to reduce the overall level of inflation, which can be beneficial for the overall economy. Finally, slower consumer spending can also help to encourage saving and investment, which can help to support long-term economic growth.
They quadruppled the money supply what do you expect
It’s Winter. Turn to Healthy Vegetable home made Soups. Prepare for 3 days.
Almost as if we’ve all taken an inflation sized pay cut or something
Well, wages arent keeping pace with inflation something’s got to give Cpt. Obvious.
This is what baffles me – this inflation is caused by outside factors, not by ballooning wages causing spending to shoot up. So putting even more pressure on people by raising the interest rates isn’t going to fix the inflation, is it? Idk I’m no economist.
Almost like we haven’t got any fucking money to spend because it’s all being gobbled up by scummy landlords, increased mortgage rates and energy companies.
13 comments
No shit. No one has any money.
That’s ok, neither do our wages. A Balence to all things.
Yeah funny that. When people have less money they have *checks notes* less spending power…
yes how dare consumers stop spending, when they have no money left after rent and energy costs. Fuck every business who demonstrates an entitlement to my money.
We all poor now.
Thanks to two decades of terrible politicians for totally fucking up the economy with several wars of choice, unreformed public services leading to vast deficit spending, insane Covid lockdowns, Net Zero and impossibly high taxes.
Welcome to Third World Britain. Enjoy being dirt poor. We deserve far better from our leaders.
Its almost as if the weeks of news about us having a predicted recession deeper than any other country and the last 9 months of news about energy bills rising higher again is making people think about spend less or something
I’ve never seen consumer spending compared directly to inflation like that
Slower consumer spending can help to prevent the economy from overheating and avoid unsustainable levels of debt. Additionally, lower levels of consumer spending can also help to reduce the overall level of inflation, which can be beneficial for the overall economy. Finally, slower consumer spending can also help to encourage saving and investment, which can help to support long-term economic growth.
They quadruppled the money supply what do you expect
It’s Winter. Turn to Healthy Vegetable home made Soups. Prepare for 3 days.
Almost as if we’ve all taken an inflation sized pay cut or something
Well, wages arent keeping pace with inflation something’s got to give Cpt. Obvious.
This is what baffles me – this inflation is caused by outside factors, not by ballooning wages causing spending to shoot up. So putting even more pressure on people by raising the interest rates isn’t going to fix the inflation, is it? Idk I’m no economist.
Almost like we haven’t got any fucking money to spend because it’s all being gobbled up by scummy landlords, increased mortgage rates and energy companies.