steve jobs' pancreas
Eats Squid
Increasing asset values do not in their own right cause inflation
We all know inflation is purely the result of governments printing money faster than the populace can stuff it in the mattress.Increasing asset values do not in their own right cause inflation
What by making a prediction that low rates are going to hang around for a long time?as you were arguing about topics you clearly have little in-depth knowledge of
That's great why is your reasoning better than everyone else?Because we've now had 10years huge quantitative easing by the major economies. That can't continue forever. And when it is stopped, interest rates will increase, in the foreign countries. That will stop when they start to show good growth - which should lead to better economic conditions for us - and that will likely mean higher interest rates to restrain inflation here. The USA and many European countries are showing patches of good growth now, so interest rates in general are likely to be on an upward trend everywhere. Australia is a net borrower in the world, so if rates rise worldwide we'll be paying that as well, and be passed onto mortgage holders as well. There seem to be no dark clouds in our economy, so rates are presently unlikely to fall, more likely to rise, especially seeing they are currently at historic lows. That be my reasoning.
You asked a question and I gave it a genuine answer. If you feel the need to have a little tanty when someone disagrees with your posts you seriously need to grow up a bit.That's great why is your reasoning better than everyone else?
I like how you can simply discredit people jsut because their predictions don't align with yours. I hope you've made millions because even pros, policy makers, analysts, academics get it wrong. You must be above them all.
You're full of shit.You asked a question and I gave it a genuine answer. If you feel the need to have a little tanty when someone disagrees with your posts you seriously need to grow up a bit.
Where do I say that I know better than ANYONE else with real knowledge of the topic? I simply listed some of my reasoning - that's posting my opinion. I am perfectly happy for someone to disagree with my opinions, and truly enjoy the banter of arguing a topic such as this. If you imagine I am being "above" other people with relevant knowledge you have a serious lack of understanding of the argumentative process on a forum such as this.
You're from Newcastle...You're full of shit.
Your so suburban.You're from Newcastle...
You made a call saying I had no clue, obviously because my prediction did not align with yours and then proceeded to ask a few thesis worth of questions. Good one mate!You asked a question and I gave it a genuine answer. If you feel the need to have a little tanty when someone disagrees with your posts you seriously need to grow up a bit.
Where do I say that I know better than ANYONE else with real knowledge of the topic? I simply listed some of my reasoning - that's posting my opinion. I am perfectly happy for someone to disagree with my opinions, and truly enjoy the banter of arguing a topic such as this. If you imagine I am being "above" other people with relevant knowledge you have a serious lack of understanding of the argumentative process on a forum such as this.