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Wise words and I agree - the way I put it is 'is the coffee and...

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JandJ

9,961 Posts.

2465

28/06/21

19:14

Post #: 54127719
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Originally posted by seals: ↑

MMT. I think the single most critical tenet would have to be the need to maintain economic growth sufficiently close to expanding money supply such that inflation doesn’t get out of hand. If your pie grows at the same rate as the number of slices then each slice stays the same size.

Theoretically, if you could maintain a net zero coupling you could inflate infinitely without risk. But of course human nature will certainly upset the planning point at some point and the true reckoning will come. In the meantime, those who maintain wealth in exposure to real assets should always be fine.

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Wise words and I agree - the way I put it is 'is the coffee and cake economy really growth ??'

Ah well, everyone has their own idea of what is important - while I denigrate 'coffee and cake' tonite I grilled a kilo of aged rump and we drank a 2013 shiraz - all we do is stand on different rocks and beat our chests - @seals.

ICG Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $4.024M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
7	882869	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	2707780	7

View Market Depth

No.	Vol.	Price($)
7	882869	0.005
15	4947865	0.004
9	6657029	0.003
3	1300000	0.002
0	0	0.000

Price($)	Vol.	No.
0.006	2707780	7
0.007	826853	3
0.008	4291398	5
0.009	2964000	3
0.011	590000	2

Last trade - 13.37pm 29/04/2024 (20 minute delay)

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