KambahOne
Kennel Enthusiast
- Joined
- Jul 3, 2019
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- 3,659
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I'm hoping someone has a better grasp of economics and can explain the confusing headlines I'm seeing at the moment regarding inflation.
There is all this talk about families struggling with the cost of living, inflation and stagnant wages etc with interest rates rising to curb it. But I'm also seeing record levels of company profits and low unemployment and now retailers are saying they expect a huge Xmass spending spree?
If inflation is people spending too much, who are the ones struggling? And vice versa, if people are struggling with the cost of living, low wages etc, where is the inflation coming from?
Anyone?
There is all this talk about families struggling with the cost of living, inflation and stagnant wages etc with interest rates rising to curb it. But I'm also seeing record levels of company profits and low unemployment and now retailers are saying they expect a huge Xmass spending spree?
If inflation is people spending too much, who are the ones struggling? And vice versa, if people are struggling with the cost of living, low wages etc, where is the inflation coming from?
Anyone?