denroxon, offshore currency flows, sharemarket gains on paper (...

denroxon, offshore currency flows, sharemarket gains on paper ( only when cashed in does it affect prices through spending) remember spending is an indicator of real price growth.

Asset holdings of the average australian have been growing close to the offical money supply of as u say 15% per year over 5 years, thats the offical money supply growth not the 3% inflation of prices. So 4-6% annual wage growth wont do to much except stablisie the sharemarket and reduce debt burden while property prices stagnate. Its the flip side that isnt taken into consideration by mainstream economic reporters

Try telling the average australian that real inflation of money supply grows at 15% per annum.