If you have more money in the system than you have things to buy the price of that object goes up.
The Central bank in any country has a big hand in the inflation steak as they just keep on printing money.
The risk factor has been taken out of the market over the last 20 years and cash has been trash.
Now that money is disapearing cash is king again but few if any have any saving to take advantage of this situation.
90 day bank bills are paying 7.85% which is alot better than most dividens on the stock market which average 1.5%.
Regards Dennis
If you have more money in the system than you have things to buy...
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$63.91 |
Change
0.730(1.16%) |
Mkt cap ! $12.39B | |||
| Open | High | Low | Value | Volume |
| $63.18 | $63.91 | $62.82 | $13.69M | 215.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1175 | $63.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.92 | 935 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| ASX (ASX) Chart |