To combat the inflation, interest rates would have to be raised by the same amount.
what seems impossible, reason are the debts, years of money printing,......
We will probably live with higher inflation for longer, peak acc. this chart September 2022 source JP.M
wait until the, billionaires, newly rich, crypto millionaires, etc try to maintain their wealth with gold, to protect it over this period
https://www.yahoo.com/video/billionaire-investor-david-einhorn-sees-094448860.html
To combat the inflation, interest rates would have to be raised...
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Last
$1.21 |
Change
-0.035(2.81%) |
Mkt cap ! $311.8M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.21 | $9.496M | 7.813M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 158372 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 442307 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |