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In response to
"Yup, even though this round of inflation has proven that wages aren't a big part of it, he continues to act like wages are the only thing."
by
Inigo
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Like I said the other day, it’s fascinating to watch him continue to be right for the wrong reasons.
Posted by
znufrii 🦄 (aka znufrii)
May 2 '23, 06:12
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I’m almost convinced he is only toeing the labor cost line so closely to maintain his credibility with the business lobby, not because he thinks it is the main driver of inflation, and that there are other reasons behind continuing to raise rates.
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