Want to create an interactive transcript for this episode?
Podcast: Beyond Currency
Episode: 28 June 2022 - Inflation at 11% soon, when will it fall
Description: The rather unedifying sight of Criminal Barristers taking strike action in support of a pay-claim illustrates perfectly the pace at which inflation has risen and how wages have been left behind.
It is becoming clearer every day that the UK is becoming stuck in a vicious circle of rising inflation being chased by rising wages. Once this becomes embedded in a society, it becomes difficult, almost impossible to turn around.
Every day recently, newspaper headlines have shouted about another sector of the economy taking action to try to not only catch up, but try to get ahead of raging inflation.
...