WOW 0.38% $34.17 woolworths group limited

Sack the CEO!, page-165

  1. 2,287 Posts.
    lightbulb Created with Sketch. 562
    I think people assume that if you point out inflation is government driven and not corporate driven, there's an assumption you're a corporate bootlicker defending them.

    Pointing out the truth is an honorable thing and has nothing to do with the companies. The cost of living crisis is directly correlated to the blasé way money is printed. Sure, a few corporates will use it as a chance to get a few extra bucks. But it absolutely pales in comparison to what the money printer has done to people's purchasing power.

    Businesses are just a segment of the economy smart enough to realize what's going on and adjust accordingly before they go bankrupt if they don't.

    The scary thing is this is not a difficult concept to understand, yet huge segments of the population adamantly and aggressively dispute this simple fact or try to deflect blame.

    Print lots of money = Money is now worth less
    Supply and demand.
 
watchlist Created with Sketch. Add WOW (ASX) to my watchlist
(20min delay)
Last
$34.17
Change
-0.130(0.38%)
Mkt cap ! $41.74B
Open High Low Value Volume
$34.33 $34.69 $34.07 $77.40M 2.258M

Buyers (Bids)

No. Vol. Price($)
1 2923 $34.17
 

Sellers (Offers)

Price($) Vol. No.
$34.19 4889 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
WOW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.