It depends how the war is funded. But they are usually funded by running deficits funded by central bank debt monetisation. If we funded wars in...
I think the big wild card that shouldn't be over looked, is that it is an election year in the US. Stuff happens in election years.
We have big welfare systems. It's easier to import a tax payer than to grow one. Also in a world where "GDP" is the main economic measure, more...
No, the definition of inflation hasn't changed and is as I have described it. The problem is that we have confused "CPI" with "inflation"....
I don't know these areas, but are you sure you can redeploy the funds and get a better return elsewhere? Pundits are often flippant about this...
The issue is that we can't communicate if we get our vocabulary wrong. Inflation is an expansion of the currency supply. Inflation leads to...
Nope. Prices increase or decrease, whereas money supply inflates or deflates. They want you to believe it is prices going up so it exonerates...
Well I agree with that. We abandoned the free market a long time ago. Inflation is now an entrenched and essential part of our system.
Inflation is an expansion of the currency supply. When you say inflation, what do you mean?
What is wrong with deflation? Deflation is the natural state of the free market as we become more productive. Only bankers dislike deflation...
The issue with rates, and the reason why they are searching desperately for a reason to to drop them as soon as the data allows, is that this is...
Yeah, that's a big result. Only R2 zoning as well.
Yep. When it comes to interest rates, I work off the premise of Austrian School of Economics, which basically says that as long as central banks...
Guys, if 2023 taught us anything, it's that we don't need to guess the direction of interest rates. Real estate is far more complicated than...
Good question. I still prefer the buy (high quality assets) and hold strategy, and I think this works best in Sydney/Melbourne which is not as...
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