Inflation spiral.. wonder if they need a 0.5% to kill this momentum
Who's going to blink first?
Will the supermarkets forgo their massive profits and give back to customers? Will tradies drop their prices? Businesses including insurance, schools, building and construction, mining and raw materials for electrification, hospitality, energy, CEO's?? This is sure to extend the inflation well above what it maybe should be, it's greed!! What about wages...
We're seeing why inflation once embedded is hard to stop and there's always a few unseen events that'll add to the pot.
