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And people will be rushing to listen to it. this is what he said, he said when your energy bill that you get every month at your house goes up four or five times that is eating into your income. what is the natural thing to do? well, the natural thing to do? well, the natural thing to do? well, the natural thing to do is to say i need to be paid more but then of course that process is ultimately self defeating. and something you said earlier on, lee, about imports and exports. using gas prices as an example he said this, he said that while the gas by bias has become more expensive since that russia s invasion of ukraine, what the country sells has not. i m going to put this to thomas as well and richard you can come in. everybody is welcome, you know the numbers. 08085 909 693, 85058. taking his lack of tact, perhaps. his size 12 ....
Lot of this is political and richard says we need to accept being poorer, no we do not. lee? no we do not. lee? well, there are a lot of politics no we do not. lee? well, there are a lot of politics in no we do not. lee? well, there are a lot of politics in this. no we do not. lee? well, there are a lot of politics in this. ultimately - lot of politics in this. ultimately it is going to come down to issues of distribution if you have got those ten sweeties, who gives up the one that they have before or whatever? and i think there is a valid criticism of the bank of england, notjust in terms of its incentive comments insensitive comments but that it is focused on wages. they say we don t want this inflation to get embedded by big wage increases. but it hasn t really focused on things like profit margins. more recently it has tried to address that by saying, yeah, we hope companies won t pass on all the cost increases and so on but i think there were a bit slow to do that. so i ....
Had it so good, right now a lot of you will never have had it so bad. what do you think? 08085 909 693, text us on 85058. thomas, fund manager, you re missing the valves out. it manager, you re missing the valves out. , , manager, you re missing the valves out. , ~ , , ., ., out. it is aberdeen, yeah, without the vowels- out. it is aberdeen, yeah, without the vowels. irritable out. it is aberdeen, yeah, without the vowels. irritable bowel. - the vowels. irritable bowel. director of the vowels. irritable bowel. director of tax the vowels. irritable bowel. director of tax research. - the vowels. irritable bowel. director of tax research. are | the vowels. irritable bowel. i director of tax research. are you all right, richard? are you there, richard? can we speak to, richard? you have got me, sorry. i have been sitting waiting for the programme to start, nikki. that is my apology. lee in caterham. ....
Using food banks must have budgeting problems. he says i have constituents, armed forces, binmen, bus drivers, pensioners who can all live on their son. am i missing something? does he have a point, christine grace can i come on something? i want christine to just one say is there anything in what lee anderson said? we have a politician s panel later. you think there a grain of truth in that, christine? i there a grain of truth in that, christine? there a grain of truth in that, christine? ~ , christine? i think there is. the trouble is christine? i think there is. the trouble is most christine? i think there is. the trouble is most politicians - christine? i think there is. the trouble is most politicians are | christine? i think there is. the i trouble is most politicians are out of touch completely. they haven t got a clue what actually goes on in real life and i agree with what the other caller said about people spending money on the local economy which is what we need to do. ....
Interest choose to cut our incomes by ink interest rates. it is entirely untrue interest rates. it is entirely untrue that we have entered the era of low untrue that we have entered the era of low interest rates. it is a stupid of low interest rates. it is a stupid political choice, it does not control stupid political choice, it does not control inflation. because you can t control control inflation. because you can t control the control inflation. because you can t control the price of oil and gas coming control the price of oil and gas coming out of russia by changing the interest coming out of russia by changing the interest rates in the uk. so it can t interest rates in the uk. so it can t control inflation but it has massively can t control inflation but it has massively redistributed wealth upwards in our society from those who borrow upwards in our society from those who borrow to those who save. and that is who borrow to those who save. and that is against ....