|
Inmate Central Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
|
|
|
Inmate Central Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
|
In Reply to: Anyone have a guess on when the Wage/Price phenomenon spirals down? posted by Story on December 6, 2022 at 05:19:30:
It has already started.
Gasoline is virtually back where it started (actually below year ago prices where I am). A matter of time for other things. More meaningful guesses might be made if your question wasn't quite so open ended, but FWIW, my guess is 3rd quarter of 23 we'll have something more "normal". Realize that some things will never go back. Like wages. Once that genie is outta the bottle it's near impossible to put it back.
There will be fits and starts as the global economy figures out how to be less global with respect to supply chains ... at least as we understood them pre-pandemic. Capital will ebb and flow until we reach a new balance.
In the end though, you can never cross the same river twice.
This post is made possible by the generous support of people like you and our sponsors:
Follow Ups
- RE: Anyone have a guess on when the Wage/Price phenomenon spirals down? - Sondek 12/6/2206:23:21 12/6/22 (4)
- Some things won't get cheaper. Cars, for example. - ghost of olddude55 07:08:01 12/6/22 (2)
- RE: Some things won't get cheaper. Cars, for example. - Wojciech 07:25:19 12/6/22 (1)
- True. Prices just won't go up as fast. - ghost of olddude55 07:36:48 12/6/22 (0)
- more to the point... - Jim Pearce 06:51:37 12/6/22 (0)
Top of Page ]
[ Contact Us ]
[ Support/Wish List ]
[ Copyright © 2024, Audio Asylum, all rights reserved ]