I’m afraid inflation isn’t going away anytime soon. Latest jobs report in the US will lead to 75 and shock horror an outside chance of 100 basis points rise next time the Fed meet.
Inflation in the UK is tipped to go to 13.3%, here 7.75%...so the cost of living will continue to rise......There’s a good case for minimum 15% falls in some regional areas up to 25% in the cities in the Aussie market.
You stated the govt will get the printing presses going again. ZERO % chance of that as they’ve got no money thanks to the Libs.
Trade war China and Taiwan no good for inflation either.
Whats this all got to do with us I hear you ask? Well, we are indeed an island but we’re connected and dependant on the world for supply and prices are going up everywhere on items that we need to exist. Surely RK has a chapter somewhere that says what happens when credit dries up?
