Inflation

Hahah fair enough, its still worth the 240 for me , although probably cos id be absolutely shocking at cutting my hair , if i could get it somewhat close to the barber i probably would.

Been cutting mine at home all through Covid as well. It's very straight forward to do with a clippers. Haven't gone near a barbers in ages, not even a cost thing, it's just so handy to have a trim when I feel like it

My input costs are up 24%, for most people the cost of living is only starting to feed through, the costs that business has endured will take time to feed through.

It will hopefully peak this year but it's not going to come down rapidly either.

Hard to know what it will lead to, if growth lags for a few years it will be a hard slog for a time. Growth in most of the economy will not match it.

Maybe people don't understand the impact of inflation anymore. They'll understand soon enough

Are you special?Do you think somebody with 200k in savings will be as effected as someone with not much savings. Do you understand what money is? I did economics as part of my undergrad so do understand what inflation is. Of course their savings value is going down. But with irish savings at its highest , most will ride out this period of inflation.

IMHO we'll be in recession once the kiddies go back to school in September. It will take until after Christmas for the officials to say we've completed a quarter without growth.

Incoming climate change targets on top of inflation on top of slowing economic growth... then the job losses start, local businesses such as cafes, pubs, restaurants and hotels are going to go under. Followed soon after by multinationals "restructuring". And we have over €200bln to pay pack too!

Any chap/lass who is footloose and fancy free with cop-on should be getting out of here while flights are still cheap. It's gonna be like the 80s all over again - only this time on steroids.

Where will all which people go? Dole queue I'd imagine.

If you meant companies, automation and or relocation. MNCs have uprooted from here before to relocate to where labour costs and input costs are lower.

They're walking a tightrope at the moment.

If interest rates rise significantly then anglophone countries with the least amount of national debt would be attractive (or less undesirable) than here as those less indebted countries will need less tax raising measures to service their borrowing repayments.

Reading RTE and on about the ECB, they say things like "ECB may raise interest rates AS EARLY as July"

Like WTF? They should have been raised months ago and July is ages away. The ECB have thrown us under a bus by not raising rates yet. It's bad when the yanks are the sensible ones when it comes to monetary policy...