The Brains Trust - 2021, page-938

@cha looking forward to your rates gold silver copper analysis from yesteryear.

I have only seen rates drop in my whole life. Stocks, houses, land up- rates down.

That line I have drawn is literally straight up and down next to the DOW- I cant see another ten years of that. The fact that it is like that means it will go the other way soon.

The inflation we have now is just monetary inflation and that's fine if we get wage growth to keep up but we aren't. The debt is too big for interest rate rises.

I'm pretty partial to a vanilla slice. $4.50 pretty steep now..but it has halved in size......I'ts smaller and more expensive and my wage hasn't gone up.

Watching the news before that's not a real problem but still illustrates a point.

My neighbor bought 10,000 acres with 4 million in the nineties another local just got 300 acres for 3 million. Much cheaper to borrow 3 mill now than 4 mill in the nineties though.

Appreciate the thoughts of those that lived with high interest rates.





US wage growth.


AUS wage price index.