[quote=Arraya]If this was a movie it would be titled “desperately seeking inflation” I don’t think inflation can easily be metered out when fighting the strongest deflationary pressures in history. If your paying attention they are trying like hell to inflate.[/quote]
Exactly !!!
They no longer have the tools !!
Unless they are going to offer everyone Gov Job’s at 100K to start (Plus that great pension plan !!)
In the absence of large pools of unionized workers and lacking near full employment, and having globalization, their only real tools in this regard, are Gov Job’s and minimum wage hikes.