The war against employment

[nut]

Forget inflation.

The interest rates rises are not aimed at inflation… they are aimed at increasing unemployment …. Prove me wrong!!

 

[Cmarsh]

Maybe the thread title should be the war against employment.

 

[aj1992]

Forget inflation.

The interest rates rises are not aimed at inflation… they are aimed at increasing unemployment …. Prove me wrong!!

Yep take away disposable income.

 

[Power Raid]

Forget inflation.

The interest rates rises are not aimed at inflation… they are aimed at increasing unemployment …. Prove me wrong!!

I agree, something is up and it isn't inflation.

We know inflation is temporary, due to printing money, a lack of home builds during covid, supply chain issues as we reopen from covid and the decoupling of economies such as russia and china.

But these are temporary, so why increase interest rates and at the same time stimulate the economy with pay rises and dole increase. both I agree with but contradicting policies.

I'd suggest this is more about FX, wanting to increase the international FX compared to russia to lower their FX. I feel this is more to do with war via economic pressure.

 

[Freomaniac]

Maybe the thread title should be the war against employment.

good point