E
estelle
Guest
is it true that neither inflation or deflation can create real long-term wealth
as all they do is manipulate a money supply
true wealth comes from productivity, is this true?
and also, is you spend half of your income on food in 1992
and you still pay half of your income on food in 2005
because the price of most things have doubled, then this is not real
wealth, even though you have more money, the proportions of your
income spend are still the same , is this true?
i need some help with this
eg you could be getting paid 500 dollars more but if the price
of everything else has doubled, then the extra cash is not an
increase in wealth, it just keeps you at that same prosperity level
you are no poorer or wealthier
as all they do is manipulate a money supply
true wealth comes from productivity, is this true?
and also, is you spend half of your income on food in 1992
and you still pay half of your income on food in 2005
because the price of most things have doubled, then this is not real
wealth, even though you have more money, the proportions of your
income spend are still the same , is this true?
i need some help with this
eg you could be getting paid 500 dollars more but if the price
of everything else has doubled, then the extra cash is not an
increase in wealth, it just keeps you at that same prosperity level
you are no poorer or wealthier