I’m somewhat tired of the word recession because to the average person, whether the economy meets the definition of being in recession or not is irrelevant.
I’ve seen countless people either idiotic or arguing in bad faith that avoiding a technical recession is a reason to rejoice, or a bragging point over those countries that have been in a technical recession.
Corporate profits are booming on the back of no physical drivers other than price gouging the suppression of wages vs. inflation, while the Tories continue to cosplay government for another year and a half
I mean it’s kinda what Bank of England has been trying to achieve for the last year. It’s a good news story.
Just get it back from rishi and his mates they must have nicked a couple of billion.
If the money supply doesn’t stall, inflation will be harder to control. Continuing to inject money into the system is literally the thing that can hurt poor people the most in the long run.
Bear in mind that money needs somewhere to go…so too much money drives asset price inflation (e.g. housing)
If you want more cash circulating in the economy, stop letting the mega wealthy hoard it with little tax. Stop the huge salary growth and bonuses for the top few %.
Pay the bottom 70% more and they’ll spend it. That facilitates jobs and growth. Then those people will spend it.
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I’m somewhat tired of the word recession because to the average person, whether the economy meets the definition of being in recession or not is irrelevant.
I’ve seen countless people either idiotic or arguing in bad faith that avoiding a technical recession is a reason to rejoice, or a bragging point over those countries that have been in a technical recession.
Corporate profits are booming on the back of no physical drivers other than price gouging the suppression of wages vs. inflation, while the Tories continue to cosplay government for another year and a half
I mean it’s kinda what Bank of England has been trying to achieve for the last year. It’s a good news story.
Just get it back from rishi and his mates they must have nicked a couple of billion.
If the money supply doesn’t stall, inflation will be harder to control. Continuing to inject money into the system is literally the thing that can hurt poor people the most in the long run.
Bear in mind that money needs somewhere to go…so too much money drives asset price inflation (e.g. housing)
If you want more cash circulating in the economy, stop letting the mega wealthy hoard it with little tax. Stop the huge salary growth and bonuses for the top few %.
Pay the bottom 70% more and they’ll spend it. That facilitates jobs and growth. Then those people will spend it.