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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: kirby49 who wrote (15315)9/5/2002 12:26:26 PM
From: Ahda  Read Replies (1) of 81529
 
Inflation is in the wage market. Manufacturing in the US has off set this by finding less costs in other areas for labor. Here when you look at the airlines one of their problems is wages are set across the nation. There of for employees who are making $50 an hour there life style in SC is much better than those living in CA where costs are higher. Yet the corporation chooses not to cut administration costs and the union must have an increase in labor wages. This amounts to a constant debt.

You will never run out of buyers of debt. What you will end up with is no foreseeable future increase in the value of the US dollar
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