I would cut wages in banking and the other FIRE occupations – quite significantly.
Related Articles

Finance
Resolution Foundation: We’re getting poorer, but it’s not (just) Brexit
In Britain the household income per person has fallen in each of the past four quarters. Matthew Whittaker is of the opinion that Brexit is not the only reason for this. Read here

Uncategorized
DeStatis – Germany: Increased Inflation rate of +9.3% expected in February 2023
Pundits had expected a drop. After this rise in inflation, as in France and Spain, the ECB could well increase interest rates still again. Read HERE

Economics
Bill Mitchell: Some historical thinking about the Job Guarantee
How Bill Mitchell came to develop the Job Guarantee Read here
Be the first to comment