Inflation

[Notch7]

The price increases, not the value. The asset, whatever it is, hasn't suddenly increased in size or quantity. It's an illusion, only the paper numbers change.

If devaluation and money printing worked as you say it does there'd be no shortage of food or anything else, because you could create whatever you needed just by altering numbers on paper.

No, because its relative

it increases the value of investments but not of goods like your pint in the pub

Its also relative to other currencies

 

[SUNRAY]

Correct.

Money is just a token.

Correct it is a token to be able to collect the holders share of the reserves.

Not to Nosey .Hes over the moon with his equity and 6 figure bank account.

I too am over the moon with my equity and 6 figure bank account, especially as I know the equity cost me nothing but effort and planning and currently providing me with a major part of my income.

 

[BlueLoo]

Not to Nosey .Hes over the moon with his equity and 6 figure bank account.

I should be over the moon that my house has nearly doubled in value since i bought it but the truth is that i am disgusted it has.

I would think the value should remain static in real terms.
Anything above that is just greed and hammers the following generations.

My children likely will not be able to afford to buy thier own home.

I seem to be utterly isolated in this ideal. The world around me is obsessed with the now, rather than the future.

 

[Deleted member 292770]

I seem to be utterly isolated in this ideal

You are not.

 

[AngleEyes]

You are not.

You're just being kind and compassionate.
Hey, hang on a minute.....ahh never mind.

 

[denso13]

This forum is infested with it's usage.

The forum is infested with lots of inappropriate language which should be banned. There should also be a rule where specific claims need some evidence, however small.

Unfortunately, although there were statements that both of the above were being implemented, it only lasted a few days and only on a few threads.

 

[Deleted member 292770]

difficult to implement and police i’d have thought. Are mods expected to go trawling the internet to verify your and others internet copy and pastes. Everyone knows full well now the .gov cannot be trusted, and that’s where most of your regurgitations come or originate from.
And what about the ‘T word’ , your favourite.
What would be your go to insult if it was removed from your use?

 

[AngleEyes]

difficult to implement and police i’d have thought. Are mods expected to go trawling the internet to verify your and others internet copy and pastes. Everyone knows full well now the .gov cannot be trusted, and that’s where most of your regurgitations come or originate from.

There wouldn't be a need for mods to validate quotes and sources, if they were provided, other posters could do that. I do it regularly.
All it would take is for mods to delete unsubstantiated claims from unknown sources: No source provided - deleted.

 

[Deleted member 292770]

unknown sources:

Surely all the sources are or would be known. It’s their credibility that’s in question , and like I said if you can’t believe the government who can you ?. Also what qualifies a moderator to distinguish between what’s acceptable other than their personal opinion?

 

[AngleEyes]

Surely all the sources are or would be known. It’s their credibility that’s in question , and like I said if you can’t believe the government who can you ?. Also what qualifies a moderator to distinguish between what’s acceptable other than their personal opinion?

Some posters frequently post claims and quotes without providing their source of information.

 

[Deleted member 292770]

Some posters frequently post claims and quotes without providing their source of information.

they’re called opinions.

 

[noseall]

they’re called opinions.

Show us one of your opinions please...

 

[JohnD]

I know the equity cost me nothing but effort and planning and currently providing me with a major part of my income.

when you buy an asset which is subject to price inflation, you have benefitted from luck and the efforts of society as a whole.

 

[Deleted member 292770]

Show us one of your opinions please...

Your’e an idiot . Off to run to mummy again to get it removed.

 

[Deleted member 292770]

Some posters frequently post claims and quotes without providing their source of information.

So no answer?