So food inflation hits 19%. I fail to understand how raising interest rates will help cut that? A business leader on the radio yesterday said that strikes were irresponsible because in times of difficulty we all need to do our bit to help. Laudible words, but what she meant was that the workers have to take a cut in living standards whilst the rich continue to to have high bonus’ and pay rises. And remember that food inflation will hit hardest those who are already struggling to reach basic standards.
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