Inflation

[over9k]

Copper's turn.

 

[divs4ever]

you're in the wrong game

yeah ! put on a dress and make-up and score a beer or sportswear commercial

 

[over9k]

Yeah, because it's structural.

 

[over9k]

PCE comes in at 4.6, estimates were 4.6, small move in the markets but not a great deal, exception being energy

 

[farmerge]

Yes he did, and the 2 policies left were ok with extra no claim bonus etc

Good move ncessary evils these companies.

 

[farmerge]

It's funny how I think I'm well off when I participate with only half an eye

Well Eskys with only half an eye that means you only half of what id no good, that has to be a plus.

 

[farmerge]

... and did i mention half of Australian's personal details are in the hands of spammers and criminals , thanks to the Medibank hacks

So much for "your details" are safely kept. What a joke.

 

[Smurf1976]

... and did i mention half of Australian's personal details are in the hands of spammers and criminals , thanks to the Medibank hacks

That actually should add to price inflation to some extent by reducing competition.

A rational consumer, noting these various hacks and data leaks, will be seeking to provide their personal details to as few companies as possible.

That being so, accepting a price rise for something starts to become a better choice than shopping around for a better deal when that "better deal" means you've just added more companies who have your data, increasing your risk of being a victim.

That doesn't impact things like supermarkets but it does for anything where an account is required.

 

[over9k]

Hence me playing GUSH

 

[qldfrog]

Flooding the country with our future ndis charges..

'Not delivering for the nation': How a 'broken' migration system has become a drain on productivity

Shifts in Australia's migration intake over the past decade appear to be a major contributor to the sharp decline in productivity growth, threatening economic expansion and living standards, a new report finds.

www.abc.net.au

I mentioned in the past our past covid response ensured we became a no go place for the best migrants .
Sadly we are opening the floodgate but apples are not oranges.
The 600000 migrants coming this year are not only creating housing avocs, but bringing in unskilled labour, ensuring generations of welfare costs and lowering productivity.
Productivity and rental prices are key in inflationary trends.
Here we are importing willingly structural inflation and future crime and poverty. Note the article is from their ABC....
Australia 2023..Argentina model ahead

 

[over9k]

600k?

 

[waterbottle]

First Republic bank plummetting hard. Isn't this the prelude to 2008? Liquidity crunch?

 

[farmerge]

Well Eskys with only half an eye that means you only half of what id no good, that has to be a plus.

And with half an eye I typed this last night.

 

[eskys]

Well Eskys with only half an eye that means you only half of what id no good, that has to be a plus.

You know me well, farmerge

 

[eskys]

First Republic bank plummetting hard. Isn't this the prelude to 2008? Liquidity crunch?

Was thinking hard about this yesterday and seeing BOQ at it's 52 week low yesterday. The small bank kerfuffle has hit our BOQ. Was thinking about it yesterday (hit a 52 week low) was thinking, this an opportunity to buy or top up? It can't go like the First Republic Bank, can it? To answer my own question, the answer is 'I don't know' Then I have another answer 'Unlikely so' But please don't take my latter thoughts...nothing worse than losing money chasing a phantom.

 

[farmerge]

Was thinking hard about this yesterday and seeing BOQ at it's 52 week low yesterday. The small bank kerfuffle has hit our BOQ. Was thinking about it yesterday (hit a 52 week low) was thinking, this an opportunity to buy or top up? It can't go like the First Republic Bank, can it? To answer my own question, the answer is 'I don't know' Then I have another answer 'Unlikely so' But please don't take my latter thoughts...nothing worse than losing money chasing a phantom.

But the Phantom was the keeper of peace and a goodun.

 

[Dona Ferentes]

First Republic bank plummetting hard. Isn't this the prelude to 2008? Liquidity crunch?

Credit squeeze. Quite likely!

but how will that affect inflationary pressures?

 

[divs4ever]

Credit squeeze. Quite likely!

but how will that affect inflationary pressures?

will prices be controlled and/or suppressed ?

remember the current trend of obfuscation using ( a tweaked ) CPI to assess 'inflation '

currently Central Banks are printing ( in their own subtle ways ) but intermediary banks aren't lending ( i assume looking to buy up during bankruptcy sales )

 

[waterbottle]

Credit squeeze. Quite likely!

but how will that affect inflationary pressures?

I've been watching a few commentators. Their opinion is that we're going to be in for a deflationary shock, particularly given the reducing in M2 money supply.
I think that's supported by the overall downward trend on crude, as well as GDP results coming in worse than expected for parts of the EU and the US.
Let's see what happens in the financial world....

On the Australian front, we have inflation trending down with interest rates at relatively low levels. On top of that we're expecting a massive influx of immigrants over the next few years + tax cuts for high income earners. We may prove to be lucky yet again (provided you keep your job)

 

[divs4ever]

I've been watching a few commentators. Their opinion is that we're going to be in for a deflationary shock, particularly given the reducing in M2 money supply.
I think that's supported by the overall downward trend on crude, as well as GDP results coming in worse than expected for parts of the EU and the US.
Let's see what happens in the financial world....

On the Australian front, we have inflation trending down with interest rates at relatively low levels. On top of that we're expecting a massive influx of immigrants over the next few years + tax cuts for high income earners. We may prove to be lucky yet again (provided you keep your job)

you ( the folks in general ) keeping your ( decent ) job is probably the difficult bit , since Australia isn't a huge oil exporter ( but we do export some ) the oil and GDP trend is not inspiring