The Chief Economist at The Bank of England Huw Pill this week argued that there was a need for restraint to contain inflation. He got significant reaction on socials.
And there is an argument that both Unions and Corporates have a vested interest in bidding wages and prices higher – its their job.
But we parse out this argument and highlight the missing actor which was responsible for creating inflation in the first place, and yet now appears to be blaming everyone else.
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