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So to clarify you think people making 700 bucks a fornight on...

  1. freshinvestor93
    2,644 Posts.
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    23/01/24
    15:11
    Post #: 72024180

    So to clarify you think people making 700 bucks a fornight on the dole is more inflationary than people working mining jobs? You think that increases the flow of money?
    results in less economic growth
    results in monetary inflation.

    Which is it. The government isn't spending covid money on welfare anymore.

    Periods of high unemployment are called recessions and depressions - you think these are inflationary ?!?!

    https://saylordotorg.github.io/text_economics-theory-through-applications/s26-01-what-happened-during-the-great.html

    Give that a read.
    BML Price at posting: 15.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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