My assertion is that that scenario is at least as likely as the FT fantasy scenario that businesses will fall over themselves to immediately give every bit of any savings they get to consumers.
expatpat:"My assertion is that that scenario is at least as likely as the FT fantasy scenario that businesses will fall over themselves to immediately give every bit of any savings they get to consumers."
OK, where do consumers get this 30% more income to spend when prices are raised by the "EviL NRST" ?