RE: Economy8 Nov 2023 17:51
Razorschultz, ref ; 16:25 post. I haven’t been around for anything like as long as you. However when researching I had an inkling that you might be Our CEO’s brother, the one with the boat! Anyway, humour apart, I agree with some of your argument. However, should millions, within the institutions you have mentioned, suddenly find more money in their pockets, this permits them the luxury of paying higher prices for goods as they think fit, be it housing motor cars etc. I believe companies are unnecessarily raising prices ( fuel as an example) simply because, with the current publicity given to inflationary pressures, they think they can get away with it. Looking around at some year and half year results would, I think tend to support this viewpoint.