i disagree completely, i think inflation is what got us into this mess in the first place.
the price of a housing has put many western economies into hyperinflation. you cant ignore the cost of a roof over your head. Fear of housing inflation forced many to act before they wanted too. Its no different to hoarding non perishable food in a place such as Zimbawe, buying food as soon as you get paid.
i could be wrong but i believe housing costs were taken out of the inflation calculations recently (20 years ago)
so inflation numbers and the setting of interest rates are effectively a lie and a theft of your savings
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- central banks may have no choice...inflate!
i disagree completely, i think inflation is what got us into...
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