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What do you mean by long term?1 year or 10? If you watch CNBC most CEOs are saying that the price pressures have been abating over the last quarter or so. The
by tiahura 4y ago
What do you mean by long term?1 year or 10?
If you watch CNBC most CEOs are saying that the price pressures have been abating over the last quarter or so.
The take away is that we’ve peaked. Getting down to 2% is going to take time and pain.
- no_wizard 4y agoAre these cash rich businesses that the CEOs are head of that will benefit from the inflation curbing measures though? Lots of cash on hand while the value of the currency goes up means you can buy overseas material far cheaper than before. I don't think its going to be "even" on price pressure though. Businesses that routinely borrow money - which are alot actually, and not just in speculative ways - are of course going to be hurt. The most obvious is real estate / mortgage / construction industries . However the restaurant, automotive, and light manufacturing[0] industries (to name a few) are also going to be negatively impacted. [0]: https://en.wikipedia.org/wiki/Light_industry https://en.wikipedia.org/wiki/Light_industry