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Guys, one thing to note going forward is the impact of rising...

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    Guys, one thing to note going forward is the impact of rising POG on sp.

    Central banks have two chances of doing anything meaningful to inflation - Buckley's and none.

    What this means is certainty of rising POG and may even be a dramatic rise - in this case what is currently defined as "low grade" for LCL might pale into insignificance as the higher POG will not be temporary but a more permanent features given the Central Banks will have failed to keep inflation in check.
 
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