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To: whitney69

Thank you for explaining——sadly, this is not headed in a good direction and stopping this (as days go bye) becomes harder and harder.


7 posted on 04/12/2024 8:29:42 AM PDT by mikelets456
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To: mikelets456

“...stopping this (as days go bye) becomes harder and harder.”

Back in the Clinton adminisgtration they were talking about the improving economy by using the stock market as the display of success and I was uncomfortable with the misnomer. The market is being driven by inflated funds and has been getting higher and higher for many years.

As the inflation rate rises, speculation about the future prices of goods and services leads to a market environment that is highly volatile. Since prices are rising, many investors will speculate that companies will experience a drop in profitability. So this scare, whether real or generated by inflation rates, will cause products and services to inflate.

If you tack that on to the “split” in the dollar, to be consistent with “growing” economy, on paper only, prices will have to be increased by the people in the stores to balance the raises in pay of their employees and product purchases. The bottom line only goes up in spirit and not reality.

wy69


23 posted on 04/12/2024 4:18:45 PM PDT by whitney69 (yption tunnels)
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