Cash is being Smashed how will it End, page-6

  1. Osi
    18,627 Posts.
    lightbulb Created with Sketch. 201
    Hi there Idid

    The cash splash will endith when the Centrelink bonus payments cease in a few months time. The binge will continue until then.

    The parable of the grasshoppers and the ants is apt but with a slight addition. Out taxation framework ensures that the ants will inevitably have to put food on the table for the grasshoppers.

    As posted, cash is king for the moment but other (otherwise risky and possibly loss making investment vehicles) may hold value better in the longer term.

    cheers
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.