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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (25869)	12/22/2003 2:02:47 PM
From: Condor	Read Replies (2) \| Respond to of 39344

I don't see big time inflation without wages going up. Doesn't seem possible. FWIW: I recall about 30 years ago that interest rates and inflation exploded. What was particularly interesting was that labour contracts in our company had been negotiated with vigour by both parties a year or two before with strikes threatened or occurring (can't remember if they actually went on strike). In any event, 18 months later the company just came up with a major voluntary wage raise in the middle of the contract without discussion or negotiation. Those were turbulent economic times. Looks like that kind of commotion is in the offing. C