thehatfox@lemmy.world to United Kingdom · 1 year agoUK inflation falls sharply to 6.8% as cost of living pressures easewww.theguardian.comexternal-linkmessage-square15fedilinkarrow-up153arrow-down11cross-posted to: uk_politics
arrow-up152arrow-down1external-linkUK inflation falls sharply to 6.8% as cost of living pressures easewww.theguardian.comthehatfox@lemmy.world to United Kingdom · 1 year agomessage-square15fedilinkcross-posted to: uk_politics
minus-squareo_oli@lemm.eelinkfedilinkEnglisharrow-up13·1 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 NoxlinkfedilinkEnglisharrow-up2·1 year agoA̶l̶m̶o̶s̶t̶ ̶l̶i̶k̶e̶ the system is fucked hey. Let’s be accurate! :)
minus-squareAux@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoReal wages have not been dropping for decades.
minus-squareThenThreeMore@startrek.websitelinkfedilinkEnglisharrow-up1·1 year agoDecades looks to be an exaggeration. About a decade and a half. https://ichef.bbci.co.uk/news/976/cpsprodpb/9AEB/production/_108295693_earnings.cpi-2019-aug-13-nc.png.webp
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! :)
Real wages have not been dropping for decades.
Decades looks to be an exaggeration. About a decade and a half.
https://ichef.bbci.co.uk/news/976/cpsprodpb/9AEB/production/_108295693_earnings.cpi-2019-aug-13-nc.png.webp