I thought about that, and then I thought I would leave it as an investor in currency would leave it. The non-log scale is as is faced by a term depositor who is faced with paying tax at the end of the year. An adjustment in the term deposit rate for inflation is rare and an adjustment in the tax rate comes around once in a blue moon. The other thing is people usually look upon a currency as solid when nothing could be further from the truth. When investing in most assets the capital gains tax takes into account an inadequate amount of inflation. Again, the ABS inadequately assesses cost such as the price of housing, so no. When no adjustment for inflation, it is what it is.
The full horror of the theft of value.
After all, it is not as if the government deficits, debt and moneyprinting have anything to do with it.
The fact is silver coins were substantially debased after the first and second world wars. The government soon discovered this deceipt when faced with the high quality 50 cent piece. 80% silver became copper and nickel.
No account for inflation tells monetary debasement as it is. Its a scam.
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Last
$1.36 |
Change
-0.015(1.09%) |
Mkt cap ! $349.2M |
Open | High | Low | Value | Volume |
$1.40 | $1.43 | $1.36 | $1.674M | 1.220M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 34526 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 468 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 34526 | 1.355 |
3 | 110026 | 1.350 |
1 | 5000 | 1.345 |
3 | 5550 | 1.340 |
1 | 5000 | 1.335 |
Price($) | Vol. | No. |
---|---|---|
1.365 | 468 | 1 |
1.400 | 1551 | 1 |
1.405 | 2480 | 1 |
1.410 | 7480 | 2 |
1.415 | 12480 | 2 |
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