https://www.economist.com/britain/2021/10/09/wages-are-rising-in-britain-but-so-are-prices-and-taxes

describe your reactions to what you have read/heard/watched and describe how it relates to your life and the economic principles, concepts or models follow these question :

1. Why do you find this resource interesting or relevant?
2. How does it relate to your own life?
3. Which economic models or concepts that are discussed in the article/podcast/video? Name the concept and explain clearly its application to the topic discussed.
4. Does the resource help you better understand the workings of the macroeconomy? How?
5. What do we can learn from it?
6. Do you agree with the message or thesis of the author/speaker? (If there is a thesis.) Why or why not?
7. Does the article/podcast/video confirm or contradict anything we can learned? Explain.