This is inflation feeding upon itself. It will end ... BADLY
I’ll put it simply for the benefit of Forgery ... Inflation is embedded when businesses can make handsome profits as they’re doing.
Michael Burry said “Stop spending!” ...
Next step is wages!
So who’s going to blink first?
Those charging exorbitant hourly rates; tradies, hairdressers, a scantily qualified building & pest inspector, everyone else in the building and construction industry qualified or not, your local lawn mowing dude, car detailer, landlords,
Farm produce, fertilisers, contractors,
Supermarkets, insurance, banks,
QANTAS, Wesfarmers, Harvey Norman
The RBA or the Fed?
Inflation is embedded as are the interest rates “higher for longer” ... property to continue downwards.
