Australia and money supply growth

aleks said:
Has our productive capacity doubled in the last seven years?

Hah our stock market hasn't even doubled in the last seven years.
Click to expand...

Well many assets are thought to / or expected to / or historically have doubled every 7 - 10 years.
Property is one example which is ofter touted as doubling every 7 - 10 years.
 
Out of the 417 odd months Since 1976 of reporting figures in M3, twenty three of them have been deflationary

Nov 1986 -0.1%
Jan 1991 -1.0%
Arp 1991 -0.2%
Oct 1991 -0.4%
Nov 1991 -0.2%
Mar 1992 -0.5%
Oct 1992 -0.1%
Apr 1993 -0.1%
Aug 1993 -0.4%
Dec 1993 -0.1%
May 1996 -0.1%
Sep 1996 -0.1%
Nov 2000 -1.0%
Apr 2001 -0.3%
Jul 2001 -0.4%
Jun 2002 -1.2%
Oct 2005 -0.1%
Mar 2009 -0.2%
Sep 2009 -0.1%
Oct 2009 -0.1%
Nov 2009 -0.2%
Dec 2009 -0.2%
Jun 2011 -0.5%
 
You need to start looking at things inversely.

The Australian dollar has lost over 50% of it's buying power since 2000.

Measure the fiat against commodities instead of other currencies and it'll become a lot easier to understand.

The Aud is simply the best of a bad bunch. ALL fiat currencies the world over are tanking.

The presentation of which has confused over 99% of the population into assuming they have 'gotten rich' because their commodities 'doubled' or more in 'value'

Damn fools - all.
 
M0s.png

Source: http://dollardaze.org/blog/

If you're peddling harder and harder and wondering why you are not getting ahead, the answer is pretty obvious.
 
Have you ever heard of the CPLIE ? (Guide to Investing in Gold and Silver - Michael Maloney)
They tell you the CPI is xx % but that doesn't mean it is.
The CPI calculations are modified when items in the "basket" become too expensive.
Items are either adjusted in value, or just removed altogether.
Food, energy and oil keep getting reduced because they are going up !
Anyway, my point is Gubment LIES about CPI, so don't believe it.
Just ask some low income earners and pensioners on the street if they think its harder to get by nowadays.

And if anyone actually believes that an expanding money supply is a good thing.. NO NO NO
very very bad thing, pretty sure I don't need to explain it on this forum ! And already explained to some degree on this thread.

Watch property over the next few years! we are so close to the top of the bubble.
Sit tight, keep buying the shiny stuff, and trade it all for property when the time is right :)

BTW, been reading this forum for ages, this thread made me finally register and post.
 
Welcome SilverSaviour

Was it the Buzz lightyear cartoon or the expertise displayed. I've learnt a lot from this thread to. Not interesting - vital.
 
aleks said:
reporting figures in M3.....

Mar 2009 -0.2%
Sep 2009 -0.1%
Oct 2009 -0.1%
Nov 2009 -0.2%
Dec 2009 -0.2%
Jun 2011 -0.5%
Click to expand...

Very interested to see what the M3 growth figures are for Jul 2011, if we get a month to month contraction....

I will be asking Where's my $900 debt funded cheque? Sorry make that a $1020 cheque.
 
M3 growth for jun 2011 has been amended to -0.6% and the RBA has plubished 0.7% growth for July 2011.
 
1.3% growth for M3 in August, everything is A-ok and back to normal
 
Over the month of September, M3 grew by 0.8 per cent and broad money grew by 0.9 per cent. Over the year to September, broad money grew by 8.3 per cent.
 
Gino said:
. . . Makes me want to puke my guts up every time the preists of the Holy Money Machine poke their heads out from under their rock and pronounce what our money is worth. My brain goes into a conniption fit trying to grasp the scale of their fraud and deception. Through the burst blood vessels, spasms and vomit, I am left in a groveling, writhing mess with every announcement and forecast. .
Click to expand...

That's not a good Tuesday. Did you at least back a winner?
 
"Over the month of October, M3 grew by 0.4 per cent and broad money grew by 0.5 per cent. Over the year to October, broad money grew by 8.2 per cent. "
 
I'm certainly no expert on this subject but perhaps the big growth spurt in money has been government borrowings to supplement the losses in gst and stamp duty since 08? The housing market and property in general HAS BEEN our economy for a lot of the last decade and that is now going out the window with bugger all new homes and commercial being built and no where near the number of house flips occurring. But social security still has to be paid, and from memory SS is 50% or better of the federal budget. SS money floods straight into the economy.
 
All I know is, the money supply is growing at > 8% pa (which is MUCH higher than the published/official rate of inflation, to which all fixed incomes are pegged), and I'm getting much less than that in the bank account.
 
"Over the month of November, M3 was flat and broad money grew by 0.1 per cent. Over the year to November, broad money grew by 7.1 per cent."
 
You must log in or register to reply here.
Back
Top