Debasement is the Mother of Inflation, page-28

First 28 Last

Share
Profile

Follow
Bumble Bee

845 Posts.

73

13/06/22

18:52

Post #: 61975650
Share

Originally posted by swaggytrader: ↑

As inflation grows and businesses start to fail the government is choosing to intervene, this is the crux of the problem.
In previous crashes businesses were allowed to fail, and this gave smaller innovative businesses a chance to grow and emerge as new players.
But such is the governments fear of economic collapse they are choosing to prop up businesses that have not been competitive.
I'm not saying all companies are guilty of this, but PRINTING MORE MONEY to save failing companies is pouring fuel on the inflation fire.
OK we do have essential services like Qantas (debatable, but i get it).
I ran my first company for 20 years, through two crashes, we never got bailed out and we survived, let the dead wood burn and allow the economy to function as it should, this is a normal process that ensures a healthy economy in the years to come.
People can argue that these are unprecedented times, but there are still smart innovative companies out there, that saw what was coming and planned accordingly, their reward is nothing, because their poorly performaning competitors get to survive and hold market share.

https://www.news.com.au/finance/business/other-industries/states-plan-to-offer-collapsed-builders-a-lifeline-as-construction-crisis-grows/news-story/1ddd1ca20b4d6fe28e5cf09970b5ead6?amp

State’s plan to offer collapsed builders a lifeline as construction crisis growsAs the construction crisis continues to worsen, one Australian state is weighing up an ambitious plan to keep collapsing firms afloat.

Expand
3 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

EMD

Emyria's Empax Centre chosen for mental health clinical trial

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

BRX

Belararox delineates another porphyry in Argentina at Tambo South

STX

Strike Energy secures $153 million for Perth Basin gas projects

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

FHE

Frontier Energy achieves key milestone for Waroona energy project

There are more pages in this discussion • 107 more messages in this thread...

First 28 Last

Add GOLD (COMEX) to my watchlist

Debasement is the Mother of Inflation, page-28

Top Stories

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Emyria's Empax Centre chosen for mental health clinical trial

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Belararox delineates another porphyry in Argentina at Tambo South

Strike Energy secures $153 million for Perth Basin gas projects

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Frontier Energy achieves key milestone for Waroona energy project

Featured News