Australia's largest stock trading and investment forum Australia's #1 stock forum

Thats right, it is not workers but high rents and asset prices...

First 8 Last

Share
Profile

Follow
DavoMagic

16,766 Posts.

47

23/11/17

08:59

Post #: 29043203
Share

Originally posted by ididwork ↑

We can't have 'high productivity' without high rents AND high wages. That is why businesses are cost-cutting and implementing automation. The solution to the RBA's 'problem' would be a recession, i.e. paycuts and unemployment - back to square one. However, there is no way they are going to raise the interest rates to create such an environment. A bout of stagflation would probably force their hand. The market is not predicting/pricing that in, though.

Expand

Thats right, it is not workers but high rents and asset prices from the rentiers and banksters removed from competition
1 Upvote

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 8 Last