MY BOOK, “The Financial Jigsaw”, is published at my academic network. Scroll for full view: https://www.researchgate.net/publication/358117070_THE_FINANCIAL_JIGSAW_-_PART_1_-_4th_Edition_2020 Email for a free PDF at: peter@underco.co.uk TIMELY QUOTE: from Benjamin Franklin, in a letter of 1768 to his printer in London of his: "On Civil War". He concludes the letter with:
Watching the decline in fuel prices and thinking inflation has ended is dreaming - the decline is caused by demand destruction. But many necessities will see prices continue to rise for some time. Supply remains constrained because of worker shortage both from policy and low wages. The latter can only be resolved by higher prices, more inflation. Many workers are entering a cash economy to avoid the tax man further messing with prices.
All governments are stuck in their debt bubbles with the only way out by inflating (devaluing) currency.
Yes, agreed J and I have been trying to get some stats on this. In addition the NHS banned staff if they hadn't been vaxxed (and care homes too) and many left, but there are no data I can find on how many actually did leave never to return. This is suspicious in itself and implies a good reason to hide unacceptable news.
Watching the decline in fuel prices and thinking inflation has ended is dreaming - the decline is caused by demand destruction. But many necessities will see prices continue to rise for some time. Supply remains constrained because of worker shortage both from policy and low wages. The latter can only be resolved by higher prices, more inflation. Many workers are entering a cash economy to avoid the tax man further messing with prices.
All governments are stuck in their debt bubbles with the only way out by inflating (devaluing) currency.
Fascinating angle on "where have all the workers gone". This, and vax injuries/deaths may just explain it.
Yes, agreed J and I have been trying to get some stats on this. In addition the NHS banned staff if they hadn't been vaxxed (and care homes too) and many left, but there are no data I can find on how many actually did leave never to return. This is suspicious in itself and implies a good reason to hide unacceptable news.