"Currants Bw..."

[Letters]

I'm not a member of our union (also public sector) because no one gives a monkeys if we're at work or not so the occasional strike makes no difference. I was pleased to see in the budget we're getting 1% rises for the next 4 years

[Syn]

They strike because they know they're needed. Even though they're incredibly well paid, they know everyone needs to get to work in the morning. Doctors and nurses in the NHS are also needed. If they strike, people die - so they don't strike because they have a shred of decency.

[Herbert_Chapman's_Zombie]

I only belong to a Union for individual assistance when tackling issues with my employers.

Like I say industrial action is the last refuge of the scoundrel

Is that technically still a pay cut though or is that in line with inflation?

[Letters]

Inflation is pretty low right now, but on the back of 0% or 1% rises over the last 4 years, it is starting to bite with some people.

[Niall_Quinn]

The PUBLISHED rate of inflation is low. Real inflation (the money supply) is rampant as usual, completely out of control and heading for the next meltdown. It's impossible for it not to be given the way the money supply works.

[Syn]

Fucking hell, we have a Friedman fan here folks!

[Niall_Quinn]

Fucking hell, we have a Friedman fan here folks!

Say I was a fan of Friedman, what's the reason for reacting like you have? What's your primary issue?

[Syn]

Say I was a fan of Friedman, what's the reason for reacting like you have? What's your primary issue?

I've had 6 pints and know a bit about economics. My issue is every pint has been £4.20.

[Letters]

Syn

Also, Omar Sharif

http://www.bbc.co.uk/news/entertainment-arts-33483877

[Niall_Quinn]

I've had 6 pints and know a bit about economics. My issue is every pint has been £4.20.

Well it was 20p in 1970 for the same product. So either demand has shot through the roof during a sustained period of a lack of supply, or somebody somewhere is devaluing the currency.

But to answer your observation, my own economic opinions would fall in almost exact opposition to Friedman. He primarily measured bullshit, although to be fair he did it in great detail and as far as bullshit goes his methods for quantifying it still stand.