{"id":65463,"date":"2022-11-02T09:11:19","date_gmt":"2022-11-02T09:11:19","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=65463"},"modified":"2022-11-02T09:11:19","modified_gmt":"2022-11-02T09:11:19","slug":"the-inflation-narrative-is-fabricated-as-is-the-response","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/11\/02\/the-inflation-narrative-is-fabricated-as-is-the-response\/","title":{"rendered":"The inflation narrative is fabricated, as is the response"},"content":{"rendered":"

I was pleased to note an article in the FT<\/a> this morning by Paul Donovan that began:<\/p>\n

\"\"<\/p>\n

I agree: it is profit increases driving inflation right now, if anything is. This is obvious from the energy sector.<\/p>\n

As Donovan notes, a pretty big web of lies (he does not use the term) supports this. For example, as he observes bread price increases cannot be increased by wheat price increases when wheat forms only a small part of the cost of a UK loaf.<\/p>\n

He concludes with:<\/p>\n

\"\"<\/p>\n

I am glad that I am not alone in thinking there is a narrative conspiracy going on around inflation, because there undoubtedly is.<\/p>\n","protected":false},"excerpt":{"rendered":"

I was pleased to note an article in the FT this morning by Paul Donovan that began: I agree: it is profit increases driving inflation
 Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-65463","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/65463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=65463"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/65463\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=65463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=65463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=65463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}