How to Make a 979.2% Return in 43 Years… Embrace inflation, that’s how. In some newer dictionaries the term “Inflation” is beginning to be revised as a phenomenon of rising prices. But I prefer the traditional meaning where “Inflation is the Increase in the money supply”. I’m sad to say, the Keynesian economists and other money printers are in effect encouraging this change of the financial lexicon. If you read from the RBA’s mission statement you’ll read the expression “targeted inflation.”
May 25th, 2009 | Mark Thompson | 3 comments | ContinuedArchive for Mark Thompson
Mark was born in Singapore but raised in Sydney. After a stint living in Hawaii, Mark now lives peacefully in the Blue Mountains. After 33-years in the construction industry, he now spends his time trading local and international markets, and shouting at the establishment for destroying the value of money.
