> So people should do what as an alternative? Ask for grocers and restaurants to lower their prices? Or simply not eat? <
Mr. Bailey makes a lot of money. As governor of the Bank of England, he’s paid £575,000 (roughly $720,000) per year. So maybe people crushed by inflation could ask Mr. Bailey for a loan.
Mr. Baily: "I'm sorry, your income is not enough to qualify for a loan."