Want to know why most people don't think the UK economy is working for them?
That real household income has been stagnant for a decade might have something to do with it...
(And don't forget these real levels have taken inflation into account *but* such adjustment doesn't include house prices which continue to climb as a multiple of wages, making one aspect of economic life seem less & less affordable).
This is why Zack Polanski's message on the economy has traction!
@ChrisMayLA6 house prices are inflation too. ...and this will NEVER be fixed until we all adopt bitcoin and end the printer class...
...we can ignore this, but it just means picking the side of the epstein fraudster class 🤷♀️...why would anyone do that?
I'm not sure a currency (means of exchange) as volatile in value as Bitcoin would be a good resolution to inflation.... indeed one might argue that its defining characteristic is inflation, given that most people see to buy it on the understanding g its nominal value will rise.
Emeritus Prof Christopher May
𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇨🇦)