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Strategies & Market Trends : Currents of Currency
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To: Ahda who wrote (413)8/18/2015 1:38:24 PM
From: Ahda  Read Replies (1) of 594
 

    1. Somehow we here in the USA have created a very distorted income situation. The egg was worth $10 be it for a very minute time. That resulted in the farm hands who were making $8 an hour wanting $20. They went on strike they want $20 or they will not work.
    2. Many years ago Unions made sure that their people received a very decent income for their work.

    3. That good resulted in the bad that had numerous business owners finding they were paying more to their employees than they were taking in profit for themselves. So we have today's situation where top revolted and gap between bottom and top has become enormous. Paper swap of course increased the problem, ease of options and in some instances fictional valuations that have long passed the capability of this dying universe and are heading for another.
    4. Fictional values can lead to unwarranted fear that can create non sane actions driven by emotion minus math. The egg went from $1 to $!0 farm hands got $25. People in the village can't buy the eggs so they move to a less expensive area where they can buy the eggs. Farmer buys conveyer belt to move eggs and needs less hands. Conveyer belt serviced by robot no insurance claims for injured hands.
    5. Technology reduces cost so production costs are less but we have pregnant currency which delivers quints who deliver octuplits and health care goes up.
    Unwarranted exuberance has a very high cost. China is of course worried . SA mine workers all wanted a higher wages and numerous mines closed. Inflation has a high price.

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