The pay of Irish corporate bosses surged last year even as share prices tumbled and customers were hammered by inflation, analysis by the Irish Independent can reveal.
Inflation means those who save for a rainy day get soaked. It is an old expression that describes how the real value or purchasing power of savings get reduced as the cost of living goes up.
I have been based in San Francisco since February 2022 and before this I was in Madrid since I joined Tourism Ireland 19 years ago, except for two years in Frankfurt when I was managing the Central European office.