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And yet they still run negative rates
Inflation is a quiet but effective way for the government to transfer resources from the people to itself, without raising taxes.
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Bank of England chief economist hints at bigger interest rate rises to tackle inflationHuw Pill said he would be open to voting for a larger move than the 0.25 percentage point increases implemented so far if warranted. Cost of living crisis for so many. It’s about time, the Bank of England has left this to late. Inflation is out of control. Give you a classic example spreadable butter has jumped in price from £1 to £1.75 I rest my case. The economy is going to crash if you like it or not. Should of thought about this prior to printing all the fake money to tackle furlough payments! All the lazy pigs lived it sat on their backside for 6months now it's time to pay it back. Suck it up it'll make you stronger people
Source: SkyNews - 🏆 35. / 67 Read more »
We're so short staffed our hotel has to turn people awayBusiness owners say they face increasing problems due to staffing shortages and soaring inflation. Brexit Pay decent wages then you will get the staff. Dear Scotland, Remember - the BBC want YOU to remain subservient to these thieving, corrupt, incompetent, dangerous, scumbags. Do NOT let the BBC help to deny the democratic right of the Scottish people!! Propaganda NOT Journalism... indyref2 ScottishIndependence
Source: BBCNews - 🏆 3. / 97 Read more »
Concerns about low vaccine uptake in communities as Covid rates riseAround two-thirds of eligible residents have had their spring booster Only the ppl who had the experimental jab getting covid. This should tell you that we don't want anymore jabs I've had 3 and I'm not having anymore I was really poorly with the 1st one and I just want whatever was in it out of my system now MANDATE IT.
Source: MENnewsdesk - 🏆 23. / 69 Read more »
DTM drivers request repeater lights for “fair” startsLeading DTM drivers have called on the series to incorporate repeater lights to make race starts “fair” and reduce instances of aggressive driving seen at the Norisring.
Source: autosport - 🏆 90. / 53 Read more »
Vendors claim inflation justifies 30 percent price risesNo it's not, says Gartner – it's a hardcore sales tactic you can easily counter So everyone working for a vendor then can expect a 30% pay raise by that same logic! I don't think they're wrong so much as they're ahead of schedule b/c inflation probably will reach 30% quite soon. I called this one ages ago. Massive media reporting of all prices going up gave companies permission to do just that.
Source: TheRegister - 🏆 67. / 61 Read more »