Tuesday, June 28, 2011

profile of a self launching wage push inflation spiral

no match up sez pk
he's right of course
but stags require brakes
if credit constriction is necessary
so be it !!!!

this shows pk is not on the same page as corporate interests  (CI):



"there’s every risk that a premature tightening will ensure that Britain faces a lost decade or more"

but paulie girl
            the CI's want lots of simultaneous north economy  ...lost decades

of course there may be no tightening if the system looks on the verge of a stall

mustn't trigger a second dip  with all that uncertainty and  possibly disorder
that would be sub optimal