It’s a day broader metric… That way, slave wage companies can’t screw their workers by charging out the ass for the services they’re providing for next-to-nothing. Then the business owners can fight with everyone about keeping the inflation rates low so they can enjoy paying their workers less.
Let these two asshole groups duke it out amongst themselves.
Inflation however is a load of bollocks. It’s inaccurate to measure and can be oh so easily manipulated.
House prices have been rising at a stupid rate for decades yet we had in the UK a typical inflation rate of… 0.1% for a decade whilst house prices out performed everything else because they just ignore it.
Like how if your favourite brand of cereal goes up 700%, that won’t be included in inflation data they make the assumption you’d eat a generic brand instead that only went up 0.5%
It’s all bollocks the lot of it, remove money it’s not worth anything anyway
I am more in favor of tying wages to inflation.
It’s a day broader metric… That way, slave wage companies can’t screw their workers by charging out the ass for the services they’re providing for next-to-nothing. Then the business owners can fight with everyone about keeping the inflation rates low so they can enjoy paying their workers less.
Let these two asshole groups duke it out amongst themselves.
Inflation however is a load of bollocks. It’s inaccurate to measure and can be oh so easily manipulated.
House prices have been rising at a stupid rate for decades yet we had in the UK a typical inflation rate of… 0.1% for a decade whilst house prices out performed everything else because they just ignore it.
Like how if your favourite brand of cereal goes up 700%, that won’t be included in inflation data they make the assumption you’d eat a generic brand instead that only went up 0.5%
It’s all bollocks the lot of it, remove money it’s not worth anything anyway
Remember if your yearly raise isn’t more than inflation, you’ve lost money.
Happened to me for a couple of years through COVID, where I got no raises for a few years and let’s just say, I don’t work at that company anymore.