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Realistbear

" Unexpected" Wage Growth Deflation

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http://www.telegraph.co.uk/finance/jobs/8447555/Workers-under-pressure-as-pay-growth-slows.html

Workers under pressure as pay growth slows
The squeeze on Britons has intensified, according to official figures showing growth in pay packets has suffered an
unexpected slowdown
.

Slowing wages mean slowing demand and slowing demand will lead to falling prices. A hideous vortex of sprialling deflation may be next. All quite "unexpected" of course. Can't say that I didn't expect this sort of unexpected result from a deflating bubble. Should see slowing retail prices kick in very soon...hang on.................. :o

Edited by Realistbear

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http://www.telegraph.co.uk/finance/jobs/8447555/Workers-under-pressure-as-pay-growth-slows.html

Workers under pressure as pay growth slows
The squeeze on Britons has intensified, according to official figures showing growth in pay packets has suffered an
unexpected slowdown
.

Slowing wages mean slowing demand and slowingf demand will lead to falling prices. A hidoeus vortex of sprialling deflation may be next. All quite "unexpected" of course. Can't say that I didn't expect this sort of unexpected result from a deflating bubble. Should see slowing retail prices kick in very soon...hang on.................. :o

Hyperinflation it is.

:)

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See?

They do want wage inflation.

Just not too much or too soon.

Yep, but they won't any real terms increases cos Britain is not competitive since globalisation took off.

Merv looks like, and thinks like, he's still in the 70s.

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Yep, but they won't any real terms increases cos Britain is not competitive since globalisation took off.

Merv looks like, and thinks like, he's still in the 70s.

But this time unlike the 70's the BoE will print like mad and debase the currency, ensuring UK workers get "higher" wages whilst remaining competitive, you see you can have your cake and eat it.

I mean what could possible go wrong with this plan.

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Hyperinflation it is.

:)

No chance. The slowdown is obvious, it is the use of the word "unexpected" that is questionable. All part of the plan imo hence the relaunch of NS&I linkers.

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http://www.telegraph.co.uk/finance/jobs/8447555/Workers-under-pressure-as-pay-growth-slows.html

Workers under pressure as pay growth slows
The squeeze on Britons has intensified, according to official figures showing growth in pay packets has suffered an
unexpected slowdown
.

Slowing wages mean slowing demand and slowing demand will lead to falling prices. A hideous vortex of sprialling deflation may be next. All quite "unexpected" of course. Can't say that I didn't expect this sort of unexpected result from a deflating bubble. Should see slowing retail prices kick in very soon...hang on.................. :o

It all means lower wages, which equals lower purchasing power, which equals lower mortgages, which equals lower house prices.

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It all means lower wages, which equals lower purchasing power, which equals lower mortgages, which equals lower house prices.

Until the printers get turned on.

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Until the printers get turned on.

True, but you still have the problem of how to get it into the wider economy and not just give it to the bankers who have a nasty habit of hoarding it, or flipping Gilts back to the Govt, or bidding up commodities.

The rape of savers can only carry on for so long in an inflationary environment before the actual base wealth of society gets eroded and bank capitalisation becomes a wider issue. (irrespective of Govt Guarantees).

I suspect true wage rises can only really occur in a manufacturing export driven economy that has a positive balance of payments and a cheaper cost base than all their competitors.

Otherwise any wage increase will be outstripped by loss of purchasing power due to external inflationary pressure and currency devaluation.

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  • 309 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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