Normal
Yes, and don't forget the 1990's 'The recession we had to have'. No inflation an economy that was a mess and caused a lot of heartache and bankruptcy.The point is that no one really knows what the whole outcome of the Covid pandemic will bring individual counties and the whole world.Property sales are starting off slow this year. If property prices crash will that cause inflation?Natural gas sales are ramping up, competition is increasing. Developed countries, including China, are moving to new forms of energy. How will this affect the pricing of natural gas?Let's wait till all the numbers and information is out before jumping to conclusions about inflation. There are a lot of factors to take into account and a new dilemma that no economist, government or treasurer have a manual for.[URL unfurl="true"]https://en.wikipedia.org/wiki/Early_1990s_recession_in_Australia[/URL]
Yes, and don't forget the 1990's 'The recession we had to have'. No inflation an economy that was a mess and caused a lot of heartache and bankruptcy.
The point is that no one really knows what the whole outcome of the Covid pandemic will bring individual counties and the whole world.
Property sales are starting off slow this year. If property prices crash will that cause inflation?
Natural gas sales are ramping up, competition is increasing. Developed countries, including China, are moving to new forms of energy. How will this affect the pricing of natural gas?
Let's wait till all the numbers and information is out before jumping to conclusions about inflation. There are a lot of factors to take into account and a new dilemma that no economist, government or treasurer have a manual for.
[URL unfurl="true"]https://en.wikipedia.org/wiki/Early_1990s_recession_in_Australia[/URL]
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