It's just the beginning for Spenda!, page-67

As the US is crapping itself again due to inflation figures I think that, as SPX' revenue depends on money circulating, higher prices could actually mean higher revenue. Even if 2-3% won't make a huge difference at this stage.

And the big question is: When Wall Street and ASX are anxious about higher interest, are they worrying about the general public has to pay more or is it just that those investment cowboys have to pay more for their margin loans?

Inflation drives the economy. Without inflation no wages growth, without that hardly anyone could repay mortgages, inflation at 2-3% is historically the best range to satisfy all market participants. No 6-7% increase here in AUS and yet, we get hammered like 60-70%.

Anyway, still waiting for 3.4c to get filled. Maybe today's panic will do the trick.

GLTA