Why Nostr? What is Njump?
2023-10-17 17:01:44

Emeritus Prof Christopher May on Nostr: Of course, people will be celebrating that nominal #wages are still rising above the ...

Of course, people will be celebrating that nominal #wages are still rising above the rate of #inflation... but going the BoE more ammunition to keep #interestrtates high(er).

But lets be clear:

REAL WAGES HAVE NOT REALLY RISEN SINCE 2008

Anyone focusing on these nominal figures outside the context of the last few years is still conducting #classwar!

(graph is from March)

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