Replies to post #87580 on Savvy Trades and Investments

[littlejohn]

'Inflation Blitz may cause wage hour reductions

which may prove transitory...


If the Inflation Blitz is

followed by price retreats

Very quickly'...


real life example...

worker talks to boss...

'Boss, it is getting harder to

make ends meet with so many

things costing more...

[hinting at pay raise]...


Boss with real blunt reply...


'Goodworker, yes, we are trying

to find a way to avoid laying

anyone off, Especially now...

but our orders keep dropping

as we have to raise prices due

to our higher costs...

[dreams of pay raise turn to

hopes of keeping job]...


Real life biz operations are

often different from how the

bookworm economists think things

can be manipulated with very

foolish policies...


A company's highest controllable

cost is generally Payroll costs...


So we watch...LJ

[swampboots]

In my area I am "mentaly" priced out of all my restaurants above the national chains.