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0.7¢ inca minerals limited

PM Demand... as Inflation Hedge!, page-101

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JandJ

10,096 Posts.

2526

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 0.7¢		Change 0.000(0.00%)		Mkt cap ! $5.633M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$219	31.25K

Buyers (Bids)

No.	Vol.	Price($)
5	1853416	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	2575080	6

View Market Depth

No.	Vol.	Price($)
5	1853416	0.007
3	1573334	0.006
11	6261110	0.005
8	2487620	0.004
5	4766780	0.003

Price($)	Vol.	No.
0.008	2575080	6
0.009	1254000	3
0.010	301378	2
0.011	350000	1
0.013	290000	1

Last trade - 15.27pm 30/05/2024 (20 minute delay)

ICG (ASX) Chart

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