You are reading a single comment by @rhb and its replies. Click here to read the full conversation.
  • My point was more about avoiding an inflation death spiral that fucks everyone rather than equitable outcomes (sorry lfgss). Bargaining en-masse for inflation busting pay rises will lead to more inflation, just as side-moves that result in inflation busting pay rises will do. The choice for folks feels stark though; do nothing and you get fucked. Do something and you might get fucked less, maybe, maybe not.

About

Avatar for rhb @rhb started