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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (97208)2/25/2008 8:15:43 AM
From: Elroy Jetson  Read Replies (2) | Respond to of 206110
 
I don't get it. Where are the wage controls you mentioned?

The government jawboning labor and management to keep their price increases in check is hardly a wage control. It's more like a sign of desperation.

The end-game is the Reserve Bank of Australia continues to put up interest rates.
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