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Strategies & Market Trends : Currents of Currency

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From: Ahda	6/27/2014 2:41:45 PM
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http://www.bloomberg.com/news/2014-06-27/yellen-spending-recipe-lacking-key-ingredient-bigger-wage-gains.html Janet Yellen and her Federal Reserve colleagues are finally succeeding in their efforts to generate higher inflation. Now they must do the same for wages to prevent U.S. households from getting squeezed We are going to have mandated higher wages in the near future. Increased wages ideally means increased consumption. Difficulty is we as a nation appear to be blossoming most heavily in the financial area. The area is very different than product production or sales of product where you can keep track down to fraction of cents of what your cost will be. It is very complex not easy to control costs as it represents all yet representative of none. Inflation in this area is common as it is not based on free market valuation . I hope the entire economy moves up in tandem but I have my doubts.

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