Protecting yourself against inflation ?
Discussion
Inflation without pay rises isn’t going to last long.
Debt load already high, gov, business and consumer.
Cost of debt already as low as it can go.
Possibly lots of jobless when furlough ends (to be replaced with UBI?)
Just how will people pay higher prices? Magic money?
So they’ll consume less. And they can’t consume much less food and energy, so they’ll have to consume a lot less of certain stuff.
And that means more jobless in all the areas already hit hard, and discretionary stuff.
Isn’t that all very deflationary?
Crash after crash after crash, every 10 years, and this time is different?
Debt load already high, gov, business and consumer.
Cost of debt already as low as it can go.
Possibly lots of jobless when furlough ends (to be replaced with UBI?)
Just how will people pay higher prices? Magic money?
So they’ll consume less. And they can’t consume much less food and energy, so they’ll have to consume a lot less of certain stuff.
And that means more jobless in all the areas already hit hard, and discretionary stuff.
Isn’t that all very deflationary?
Crash after crash after crash, every 10 years, and this time is different?
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