TSX:AX.P.E - Post by User
Post by
garyreinson Apr 06, 2024 9:32pm
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Post# 35975213
The puzzling part
The puzzling partAbout this inflation narrative is that they said covid shutdowns had permanently closed a lot of businesses particularly those that serviced the office- the food stations in the concourses and who knows what else. That alone was disinflationary as people businesses and their jobs. I dont know the % but based on my observation at Bloor/Yonge its quite significant.
And we had not much inflation from 2007-2019 with low rates.
I dont see any ww3 or hyper inflation or anything that warrants it to be high
just some capitalism at work with the anchoring of expectations being such a forefront topic in the news/media and financial markets past few yeasr