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Sledgehead

Public Sector Flexing Its Infaltionary Muscles

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Apparently driving test examiners are voting on whether to take indusrial action over 80 job losses in Edinburgh an dBirmingham and London.

This follows recent action by University lecturers.

train drivers were at it not long ago and bus drivers (now privatised) couldn't help a reflex twitch.

The idea that you can give gps massive salary hikes and ignore / lay-off other public sector workers was never going to go down well. Naturally everybody "wants some of that" when they get wind of it. That's all bad news for inflation.

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Guest Alright Jack

Apparently driving test examiners are voting on whether to take indusrial action over 80 job losses in Edinburgh an dBirmingham and London.

This follows recent action by University lecturers.

train drivers were at it not long ago and bus drivers (now privatised) couldn't help a reflex twitch.

The idea that you can give gps massive salary hikes and ignore / lay-off other public sector workers was never going to go down well. Naturally everybody "wants some of that" when they get wind of it. That's all bad news for inflation.

Bad news for inflation? You confuse me boy.

Higher salaries (labour prices) are as much a consequence of inflation as rising house, commodities and consumer prices. same for oil.

Inflation is the expansion of money credit in the system. Rising prices are what you get as a result of this, whether it is labour, consumer indexes or whatever.

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Guest Alright Jack

I eagerly await your counter post, or are you accepting that you are a bit thick and just talk nonsense?

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  • 335 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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