your argument is well and good but you must consider the ability of the buyers to pay. If buyers can’t pay (or can’t get loan), there’s less demand. Supply is constant ergo prices decrease.
Diego, of course I meant buy dollar to weaken the Euro. Of course they EC were selling their gold like gangbusters in late 90’s. I just don’t see the wage inflation, maybe its “different” this time, maybe companies have the strong hand and will keep wages stagnant. With weak dollar, outsourcing will become more expensive. But there is no problem, just ask our buddy Laffer.
Diego, of course I meant buy dollar to weaken the Euro. Of course they EC were selling their gold like gangbusters in late 90’s. I just don’t see the wage inflation, maybe its “different” this time, maybe companies have the strong hand and will keep wages stagnant. With weak dollar, outsourcing will become more expensive. But there is no problem, just ask our buddy Laffer.
Diego, of course I meant buy dollar to weaken the Euro. Of course they EC were selling their gold like gangbusters in late 90’s. I just don’t see the wage inflation, maybe its “different” this time, maybe companies have the strong hand and will keep wages stagnant. With weak dollar, outsourcing will become more expensive. But there is no problem, just ask our buddy Laffer.
Diego, of course I meant buy dollar to weaken the Euro. Of course they EC were selling their gold like gangbusters in late 90’s. I just don’t see the wage inflation, maybe its “different” this time, maybe companies have the strong hand and will keep wages stagnant. With weak dollar, outsourcing will become more expensive. But there is no problem, just ask our buddy Laffer.
Diego, of course I meant buy dollar to weaken the Euro. Of course they EC were selling their gold like gangbusters in late 90’s. I just don’t see the wage inflation, maybe its “different” this time, maybe companies have the strong hand and will keep wages stagnant. With weak dollar, outsourcing will become more expensive. But there is no problem, just ask our buddy Laffer.
