
Episode 2: Weekly Roundup 05.01.23
Peter St Onge Podcast
00:00
The Greedflation Explanation
Bank of England chief economist Hugh Pill said British households and businesses need to accept they are poorer. inflation in the UK is currently running double digits with grocery prices up 19% year on year. A poll from a major British insurer found 57% of small businesses in Britain are at risk of closure from rising prices. So you plebs need to drop a meal and maybe close the family business so we can keep stealing from you.
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