Global inflation arises mainly by a man due to his excessive greed leading to misplanning, deficit financing ceasing his ability to follow the basic principles of controlling it. Its based on dogmatism & confiscation of the basic rights. When a man becomes inhumane acquiring the worst characters devil is after him to follow. When he tries to deprive the other members of the society from the rights they all deserve. Chaos & anarchy with suicide bombing & global destruction are visible end results
Talk of "real terms" obscures the reality we in a nominal world. This graph can also be used to show how "real wealth" eroded in stagflationary times while their nominal wealth seems to increase. Right now, what should a person cashed-up and debt-free do? Should we buy assets now? Or wait? It's a balance between erosion of their cash wealth by inflation and the possible increase in their 'real' purchasing power as the price of major assets falls faster than inflation erodes their milk money.
agreed, but statistics do that, there just a referance, as the trend goes, kiwis dont change much about the way they spend there money unless the market drys up or the product changes, but that ballance is always the hard part of looking into a market value, looks like a good time to sit and wait for the market value to decrease, safe as houses.. im young enough to pay of a 30 yr morgage before the next boom
I'm 5 and have already spent far too many years paying interest to banks for my tiny portion of equity. Looking back, i regret those 25 year mortgages. I should have had a 10 years mortgage and eaten 2-minute noodles. I would have twice the capital I have today.....and then some. Interest is a cancer on your life and potential wealth. Debt sucks. I have none now and I'm in NO hurry to borrow again.
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Global inflation arises mainly by a man due to his excessive greed leading to misplanning, deficit financing ceasing his ability to follow the basic principles of controlling it. Its based on dogmatism & confiscation of the basic rights. When a man becomes inhumane acquiring the worst characters devil is after him to follow. When he tries to deprive the other members of the society from the rights they all deserve. Chaos & anarchy with suicide bombing & global destruction are visible end results
yahoovisitor 3 years ago
Talk of "real terms" obscures the reality we in a nominal world. This graph can also be used to show how "real wealth" eroded in stagflationary times while their nominal wealth seems to increase. Right now, what should a person cashed-up and debt-free do? Should we buy assets now? Or wait? It's a balance between erosion of their cash wealth by inflation and the possible increase in their 'real' purchasing power as the price of major assets falls faster than inflation erodes their milk money.
linuxluver 3 years ago
agreed, but statistics do that, there just a referance, as the trend goes, kiwis dont change much about the way they spend there money unless the market drys up or the product changes, but that ballance is always the hard part of looking into a market value, looks like a good time to sit and wait for the market value to decrease, safe as houses.. im young enough to pay of a 30 yr morgage before the next boom
altfseven 3 years ago
I'm 5 and have already spent far too many years paying interest to banks for my tiny portion of equity. Looking back, i regret those 25 year mortgages. I should have had a 10 years mortgage and eaten 2-minute noodles. I would have twice the capital I have today.....and then some. Interest is a cancer on your life and potential wealth. Debt sucks. I have none now and I'm in NO hurry to borrow again.
linuxluver 3 years ago
I hear ya, but to more you look, the more you learn
altfseven 3 years ago