Inflation once again. What can Gov do about it?

How does the government freeze industrial wages? What's involved?

Solutions not problems please, just putting it out there as imo it was obvious,maybe too obvious, what do you suggest?

You made the initial statement without backing it up with any evidence.

I asked for evidence of your statement.

You are now trying to put the onus on me to refute your statement?

Yeah..no that's not the way it works.

There is a precedent for Ireland electing a government who ran on a purely populist platform at a time of global inflation rooted in soaring energy prices.

In 1977 Jack Lynch's FF won an overall majority (the last time this happened) on a platform that included getting rid of car and property tax. This erosion of the tax base sowed the seeds of the recessions and massive inflation that blighted the 1980s.

oh ffs, this again! growing public debt is generally far safer to have than not to have, we have sufficient evidence of this globally, 08 being the most significant evidence of this, i.e. over reliance on the private sector money supply, i.e. the credit supply, is simply too dangerous, but its critical this new money, i.e. new debt, is used to help provided us with our critical needs, and not used to simply inflate asset prices such as property, as is generally the case with the credit supply and other public forms of money creation, qe etc......

Some levels in the PS are going back to 35hrs/week from the current 37.5 in July. Doesn't mean more money in the pocket but does result in a "pay rise" of sorts

Don't know to be honest. Was told by a relation working in the HSE yesterday that her 37.5 hour week was finishing soon and they were going back to 35. She's admin in the HSE and not frontline/medical. Some payroll gig she's in

Those words ring hollow in the face of massive profiteering, coupled with businesses avoiding paying equitable taxes.

Neo feudalism is the goal, pushing people into being permanent subscribers. With all the uncertainty and vulnerability that comes with it.

For the past two years, central banks printing presses hav been working on overdrive, the money supply in the United States has grown by more than 38 percent. Before, a rise like would take decades, but now it grew by 38 percent or 5.9 trillion dollars in two years.

In the same period the EU’s money supply also increased. ECB printed  about 20 percent more, or 2.5 trillion euros into existance.

OK, most of it went straight to the pockets of the folks who own the central banks.

But the wee bit that trickled down is deluted/devalued so more of it is needed to buy the same product than two years ago. Will probably get worse before things stabilise. (If, as is looking more likely by the day the US dollar collapses completely inflation will get much, much worse, but that'd be another tread)

most central bank created money, over the last few years, has actually only remained with the global financial system, and in turn only truly inflated asset prices such as property and stock markets etc etc, this form of money was created under qe programs globally, the only true gainers of these programs have been primary asset owners. the likelihood of these outcomes was known within central banks before these qe programs were introduced, i.e. they knew very well what they were doing, and what would more than likely happen, and continued to expand these programs, when it became obvious that this money was indeed only inflating the value of assets!

its always important to remember, asset ownership is heavily skewed in our societies, primarily by older generations, with most younger generations owning very little, if any at all, such is the case in ireland, most evident in relation to property, and with the expansion of such programs such as qe, asset ownership has become even more highly concentrated, which has resulted in an environment of rapidly rising wealth inequality.....

its also important to realise, our current inflationary issues have very little to do with this rapid expansion of the central bank money supply, and is more to do with the serious supply and energy shocks we re now experiencing, which are directly related to covid and of course the war. the only real solution to this is further expansion of the so called public money supply, via methods such as increased deficit spending, but to make sure the bulk of this money actually truly makes it into the actual economy, and is not used to simply further inflate asset prices, such as property, no easy task id imagine, but it must be done, or we could all end up in real trouble, very very quickly, as more and more businesses go bust, and unemployment rises!

....or maybe they could have left covid supports such as pup, ewss etc in place, i.e. making sure some of the deficit continued to go directly into the economy!

...as you said yourself, those lower on the socioeconomic scale save less, therefore spend more of their 'income', which directly benefits the economy, as this money is spent into it.....