thehatfox@lemmy.world to United Kingdom@feddit.uk · 1 year agoUK inflation falls sharply to 6.8% as cost of living pressures easewww.theguardian.comexternal-linkmessage-square13fedilinkarrow-up146arrow-down10
arrow-up146arrow-down1external-linkUK inflation falls sharply to 6.8% as cost of living pressures easewww.theguardian.comthehatfox@lemmy.world to United Kingdom@feddit.uk · 1 year agomessage-square13fedilink
minus-squareBlapoo@lemmy.mllinkfedilinkEnglisharrow-up4arrow-down1·1 year agoSorry, I’m poor. What does inflation have to do with my inability to buy anything? Will my pay increase, or prices decrease with less inflation?
minus-squareo_oli@lemm.eelinkfedilinkEnglisharrow-up9·1 year agoPrices won’t decrease but they are just rising fast instead of really fast which is… progress?! Technically peoples pay should increase but there will no doubt be a nice lag to that too won’t there.
minus-squareBirdyBoogleBop@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·1 year agoYeah but if we do that then inflation will just go up more. Somehow. Even though real wages has been dropping for decades.
minus-squareo_oli@lemm.eelinkfedilinkEnglisharrow-up4·1 year agoAlmost like the system is fucked hey.
minus-squareTenebris Nox@feddit.uklinkfedilinkEnglisharrow-up1·1 year agoA̶l̶m̶o̶s̶t̶ ̶l̶i̶k̶e̶ the system is fucked hey. Let’s be accurate! :)
Sorry, I’m poor. What does inflation have to do with my inability to buy anything? Will my pay increase, or prices decrease with less inflation?
Prices won’t decrease but they are just rising fast instead of really fast which is… progress?!
Technically peoples pay should increase but there will no doubt be a nice lag to that too won’t there.
https://imgflip.com/i/7vwr9e
Yeah but if we do that then inflation will just go up more. Somehow. Even though real wages has been dropping for decades.
Almost like the system is fucked hey.
A̶l̶m̶o̶s̶t̶ ̶l̶i̶k̶e̶ the system is fucked hey.
Let’s be accurate! :)