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Karl Kerr
Garys Economics
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Comments by "Karl Kerr" (@karlkerr7348) on "The Devaluation of Money" video.
It's PPP is only supported by the fact it is used as a world reserve currency and used in the purchase of oil.
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Are you saying there's a correlation between rising asset prices and wage devaluation? Is there empirical evidence to support that? Great discussion by the way 👍
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Inequality is a problem but Not The problem. Its a consequence of economic policies that create that Inequality that's the problem. Is that Inequality deliberate? Yes we saw it with Austerity deliberately induced by Cameron and Osborne and we are seeing it again with Jeremy Hunt aided and abetted by BoE too!
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A lot of UKs 🇬🇧 inflation is due to devaluation, the cost of imported inflation.
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Wealth inequality due to inequality of economic policies biased in favour of the already really rich!
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I believe your analysis proves that Jeremy Corbyn was correct in stating that the economy is rigged.... against working people.
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