Inflation is caused by supply not demand. Payrises for normal people wouldn't have the effect you're saying it would Andy.
If you take the RMT strike for instance, national rail made £500m profit last year. Thats the money that ought to be used to fund appropriate payrises for the staff. Its money that already exists and is already part of our economy. Payrises just move it from its current location to normal peoples pockets.
So once you've discounted inflation as a risk, whats the impact on the economy? More people with more money = more spending. Which is good for whoever/wherever they're doing that spending.
If you take the RMT strike for instance, national rail made £500m profit last year. Thats the money that ought to be used to fund appropriate payrises for the staff. Its money that already exists and is already part of our economy. Payrises just move it from its current location to normal peoples pockets.
So once you've discounted inflation as a risk, whats the impact on the economy? More people with more money = more spending. Which is good for whoever/wherever they're doing that spending.