Is There a Squeeze on the Real Economy?

There's a lot of pessimism, i think, about what the supply side of economy can achieve. And so that squeeze either has to happen by itself, you know, because wages don't keep up with prices,. If workers can resist that, and you get these kind of wage price spirals, then the central bank has to come in and cause the squeeze itself. The uk. Is a special case, because it's it has been a more inflationary economy than almost any other developed economy in the last 30 years. It's got this fear of it. There's also a sort of a constant hoping that sterling will devaluue in order to accommodate all that sort of thing