I never took economics 101 but like you all you have to do is look around. They’re managing to keep the inflation numbers down to keep a illusion of low costs, but it’s the GDP we need to watch right now. GDP counts things like food, beverages, rent and more. In US manufacturing and jobs opening up with Trump helping but I think a big part of it is costs have gone up.
So if a big part of the GDP relying on rising costs here and in Europe is not good for the real economy, the people. Just the business counted in the GDP raking it in. In the US taxes were lowered so what’s up with the rising costs. They’re using the illusion rising GDP means they can raise their prices but the only one who profits is them.
Maddog
Maddog —
That must have been some really great gin! haha Did that include a tip? Is tipping customary there like on this side of the pond or more like mainland Europe where tipping is replaced by VAT?
Booze is relatively cheap in the states– gotta keep the masses placated.
R640
No matter how much fear in the markets exceeds normal levels the PTB will never let the metals fly as that will be the final 10 nails in their coffins. They will kill, lie and cheat to the very end and would probably nuke the whole world before admitting defeat.