"Or Plan-C, cut interest rate and nothing happen as 3-3.5% inflation is the "norm".
Only if unemployment is high and labor is cheap. Wages in the US are currently increasing by 5% p.a. To cover their costs producers will have to put up their prices by more than that or go broke and that's the real reason why inflation is going up (not down).
That's why we need a recession to reset wages and prices and it will happen as explained below . . .
- Forums
- ASX - By Stock
- XJO - Bear Posts only (Factors which might cause the markets to fall)
"Or Plan-C, cut interest rate and nothing happen as 3-3.5%...
- There are more pages in this discussion • 555 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,763.6 |
Change
36.800(0.48%) |
Mkt cap ! n/a |
Open | High | Low |
7,726.8 | 7,784.8 | 7,726.8 |
Featured News
XJO (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online