XJO 0.55% 7,629.0 s&p/asx 200

So we'll leave rates at 3.6% while inflation ragesGreatGuess...

  1. 93 Posts.
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    So we'll leave rates at 3.6% while inflation rages
    Great
    Guess I'll prepare my finances assuming a repeat of the 1970s
    Not sure how the stock market will react, inflation is good for pumping assets and stocks, but complete destruction of economic activity isn't great... Unless only the top 200 listed companies remain trading, which honestly seemed like the goal during unprecedented lockdowns
    Absolutely gutless effort by the fed, both here and abroad. Not that most citizens understand the relationship between printing money and their wages/savings being undermined
 
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