Re : Inflation – isn’t it clear that politicians are playing in line with the public opinion ( at least on the surface and in wording) , and two types of public are in the play :
Your ordinary Joe , that suffers under the weight of increased prices for basic needs – he needs to hear that rates are going to go down, which for him means same as : Prices will go down….and that is a pure crap….better tomorrow…similar to religions offering it in the afterlife.
Second group is made of so called “experts” , and those are mostly mediocre , running on the wave of past performance and constant need for things to change every now and then…or ffs how they gonna be able to give interviews, be so clever and smile into the camera…and of course, most of them would like to be Loved by the public…so similar to politicians…
Reality is that Inflation is here to stay for unforeseeable period – even if all the reasons behind it are dealt with, some new ones are not only coming, but are promised – like electrical vehicles, ONLY…how is that going to reflect on prices of transportation, logistics, and then spill over all the sectors of industry, trade, services…who’s gonna pay for that..Von der Layen , Biden, Chancellor Olaf Scholz …naaah…don’t think so…
Also, trying to base our expectations on those of the market players might only screw us up….
Watch your charts, your 6 and keep your head above the water and out of the box 😀
