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Has the 15% inflation rate sneaked back from the 1980"s?

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  • Has the 15% inflation rate sneaked back from the 1980"s?

    15% inflation,
    it was a part of the 80"s.
    Caused by loose Reserve bank. monetary policy.

    Over the past few months we have seen 15% inflation occur again.
    But this time, only in the housing market.
    Caused again by loose Reserve Bank monetary policy.

    It seems to be slowly spilling over to other areas of the economy?

    thoughts?



  • #2
    I have written extensively on this subject in my posts..is anyone actually paying attention?

    I'm usually months and years ahead of mainstream media.

    Comment


    • #3
      Certainly been that way for a while for grocery prices.
      Makes one wonder about "Government statistics".
      The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

      Comment


      • #4
        I was thinking about this the other day,

        UP
        food
        petrol
        housing
        rates
        trades

        Down
        ?

        Stagnant
        wages/salary

        Leaves me wondering, if the costs of everything keeps going up and your income stays the same what is the outcome? I only see one, you become poorer.

        once again the wealthy 1% know this and are putting away for a rainy day, and it seems to be pouring atm.

        I can’t get access to money quick enough.
        "DEBT BECOMES IRRELEVANT WITH INFLATION".

        Comment


        • #5
          Originally posted by Frezzinghot View Post
          I was thinking about this the other day,

          UP
          food
          petrol
          housing
          rates
          trades

          Down
          ?

          Stagnant
          wages/salary

          Leaves me wondering, if the costs of everything keeps going up and your income stays the same what is the outcome? I only see one, you become poorer.

          once again the wealthy 1% know this and are putting away for a rainy day, and it seems to be pouring atm.

          I can’t get access to money quick enough.
           

          Comment


          • #6
            Originally posted by Frezzinghot View Post
            I was thinking about this the other day,

            UP
            food
            petrol
            housing
            rates
            trades

            Leaves me wondering, if the costs of everything keeps going up and your income stays the same what is the outcome?.
            I think it's called stagflation.

            From memory, Paul Volker fixed it back in the 80's.
            Smart chap that.
            Straight talker.










            Comment


            • #7
              Originally posted by McDuck View Post

              I think it's called stagflation.

              From memory, Paul Volker fixed it back in the 80's.
              Smart chap that.
              Straight talker.









              And we are the worst at it, I have family in Australia earning twice what that could here!
              "DEBT BECOMES IRRELEVANT WITH INFLATION".

              Comment


              • #8
                Originally posted by Frezzinghot View Post

                And we are the worst at it, I have family in Australia earning twice what that could here!
                The cans of Corned Beef are 25% less expensive there, than they are here, too.
                Last edited by McDuck; 14-01-2021, 04:00 PM.

                Comment


                • #9
                  I have warned in the past they can't raise interest rates too quickly because it would collapse the financial system.

                  We are heading towards massive massive inflation!

                  https://www.stuff.co.nz/business/123...nd-yields-jump


                  Rising bond yields have economists on edge that global inflation may be about to stir, putting mortgage holders and deeply indebted governments into a bind.

                  Sharemarket and equity investors are exposed..If they raise interest rates too fast they risk a collapse of the world economy.

                  The only option is to let inflation run riot!..this will lead to massive inflation and enormous wealth inequality..think house prices and tin corn beef are expensive now?..you ain't seen nothing yet baby!

                  Have you prepared?

                  Bring it on..I'm ready.
                  Last edited by Jeffa; 14-01-2021, 06:32 PM.

                  Comment


                  • #10
                    Originally posted by Jeffa View Post
                    I have warned in the past they can't raise interest rates too quickly because it would collapse the financial system.

                    We are heading towards massive massive inflation!

                    https://www.stuff.co.nz/business/123...nd-yields-jump


                    Rising bond yields have economists on edge that global inflation may be about to stir, putting mortgage holders and deeply indebted governments into a bind.

                    Sharemarket and equity investors are exposed..If they raise interest rates too fast they risk a collapse of the world economy.

                    The only option is to let inflation run riot!..this will lead to massive inflation and enormous wealth inequality..think house prices and tin corn beef are expensive now?..you ain't seen nothing yet baby!

                    Have you prepared?

                    Bring it on..I'm ready.
                    But I like my corned beef!
                    "DEBT BECOMES IRRELEVANT WITH INFLATION".

                    Comment


                    • #11
                      I said 12 months ago there end game was to buy assets of all kinds and the wealth would be placed into the hands of a few!

                      They called me mad! Tin foil hat wearing conspiracy theorists!

                      Mad genius I am! Hahaha haha haha!

                      V
                      V
                      V

                      Comment


                      • #12
                        I have also said in times of massive inflation debt will become a commodity.. because only the wealthy will be able to access to it.

                        Comment


                        • #13
                          Originally posted by Jeffa View Post
                          I have written extensively on this subject in my posts..is anyone actually paying attention?
                          What do you expect to see / hear, here?

                          Originally posted by Jeffa View Post
                          I'm usually months and years ahead of mainstream media.
                          And with a similar level of accuracy.

                          Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

                          Comment


                          • #14
                            Originally posted by PC View Post
                            Certainly been that way for a while for grocery prices.
                            Makes one wonder about "Government statistics".
                            The, ahhhh, nature of gummint statistics has been well discussed before, hereabouts. The advent of HLPIs has also been touched upon, more recently.

                            One must remember that a range of gummint benefits are indexed to the CPI, so the gummint has a vested interest in seeing the CPI kept low.

                            But way back whenever, a group of us came up with a simple formula that seemed to give a much closer indication of real inflation than the official 'line.'

                            Take the CPI, multiply by two and add two.

                            E.g. If the 'official figure' is 2%, the actual figure being experienced will by around 6%.

                            Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

                            Comment


                            • #15
                              The worlds financial system is about to collapse. Don’t have too much cash in the bank or owe too much. Why do you think Bitcoin is taking off. Take a look at Binance and btc price over the past 2 months.
                              the trouble with Bitcoin as I see it is people are making large amounts of capital gain in a short time. This is now equivalent to a trillion dollars of money for no labour on an imaginary asset ( but no more based on trust than any other currency) which people can cash in and trade for a real asset like property. This is like printing money as long as people still keep believing it has value. If it carries on as some people are predicting a btc that was worth about $18k USD in December might get to $100or even $200k within a few years. No wonder there is inflation

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