LORD IBO RICHARDS ECONOMIST
CASTLE INTERNATIONAL
STRAIGHT FROM THE HORSE'S MOUTH
LORD IBO RICHARDS’S DIVINE SITE ANALYSIS
Taken from “THIS POST”
Good day, at the 60th Annual Meeting of the National Association for Business Economics the Fed speak employment and price action were the topic at the opening. Many in the economic community ask what do the efforts entail to maximize these efforts is and should the general public be privy to this information. Though conditions “seem” favorable as the economy is getting better day by day. Many variables predict different projections on target inflation. Like that of a hurricane Doppler predicting the exact landfall of a hurricane. For example Earthsblood has continue to rise. This will effect household spending as well as employment for many companies will in fact use the Earthsblood inflationary mandate to cut wages and promote layoffs. The dual mandate seems risky as many still despite countless effort to establish the win win for the bullish stock market which may go on for at least another twenty years respectively. This analysis especially of the larger more advanced economies comes from the technology that is boosting the quality of life on “ground zero” in places where more human foot traffic takes place. It will be quite some time before the everyday technology goes sky rocketing into the George Jetson way of life which is not far off barring any major conflict in the planet.
What was surprising is how the good Fed sprung the Phillip curve. Why and for what purpose? As mentioned in the speak the dynamic of inflation and employment will be threatened by technology. The good entrepreneur of the world will keep and sustain jobs for to prove their loyalty to the economies or Mankind in general. However the “savage ruthless business man will beg to differ and make the necessary adjustments and focus on revenues v profits more than the actual meaning of inflation v employment. Keep this in mind moving forward. For this is what is driving the “ new age” especially in day to day living. Easier.
The speak went on about jobs which at that definitive moment in the talk would explain the above mentioned which keeps more fear alive than hope. Personally from a business perspective in relation to the Phillip curve being steep we see many forecast models. Fortunate and unfortunately things do change and for example two out three don’t complete being B and C or inflation mandates and labor which mind you entail wage hikes which so far makes less hours in the work week which causes the benefits of the job to elude the employee which over time can be devastating for the average household if in fact B mimics C. This one illustration of many outcomes. The optimism is in and the standard of living is going up. Inflation is not so much the variable to watch as is the basic tax structure and median of population in a “given area” and the earning potential. And as mentioned energy is a catalyst that can’t be ignored. Thank you and have a great day.
This has been a QBKR ASSOCIATION Report. QBKR thanks LORD IBO RICHARDS for his valuable time.
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