As predicted the BoE's Monetary Policy Committee put imported inflationary pressure from the US/Israeli attacks on Iran on to UK workers (and any wage rises):

'This could lead to self-perpetuating behaviour in wage & price dynamics, which could embed domestic inflationary pressures'.

Rates stayed where they are & might now rise, because workers need to be dissuaded (via further unemployment) from trying to maintain their standard of living in response to energy price rises.

#politics
h/t FT

Five surgeons are discussing who makes the best patients to operate on.

The first says, “I like accountants on my operating table. When you open them up, everything inside is numbered.”

The second replies, “Yeah, but you should try electricians. Everything inside them is colour-coded.”

The third says, “No, librarians are the best. Everything inside them is in alphabetical order.”

The fourth chimes in, “I like construction workers. Those guys always understand when you have a few parts left over at the end and when the job takes longer than you said it would.”

The fifth surgeon shuts them all up: “You’re all wrong. Politicians are the easiest to operate on. There’s no guts, no heart, no balls, no brains, and no spine. There are only two moving parts—the mouth and the asshole—and they’re interchangeable.”

As long as money is required for survival, jobs will be flooded with people who are barely skilled enough to not get fired in order to continue surviving.

I think about this every day.

I think about the quality of a world that builds and sustains.

Do me a favor and sit and think about this for a few minutes.

The solution, the only solution, is to remove money as a requirement for survival.

The only solution is to allow some people to not work when they don't feel like working.

The only solution is to help educate our fellow humans so that they can find work they love enough to be truly competent at.

The only solution is to remove all of the jobs we have created to allow people to trade their lackluster skills and time for money so they can survive.

Think for a moment about the tremendous waste this generates. The oil burned. The wear on the roads. The consumption of trees for paper and water and chemicals to bleach that paper. The lives lost in mines to make the computers and everything else.

We can have luxury without sacrifice.

Think for a moment about all of the bullshit generated that wastes time and causes confusion, just because somebody 'needs' to 'be able' to toil for 60 hours or more a week in order to survive.

How am I in the minority with all this thought? If you're nodding along, how are we? How can we work together to change things?