I didn't use inflation rates, I used round numbers for illustration purposes.
The posited argument I replied to was: that inflation is good for asset prices and thus wealth increase.
I just used round numbers to illustrate that inflation can destroy wealth over time in real terms even do asset value has significant growh over the same period.
We weren't predicting interest rates or discussing current interest rates/inflation that would require real interest rate/inflation calculation
PLS chart, page-4957
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Last
$2.74 |
Change
-0.110(3.86%) |
Mkt cap ! $8.249B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.80 | $2.66 | $184.4M | 67.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 238827 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 274109 | 7 |
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| PLS (ASX) Chart |