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Michal

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  • Country

    United Kingdom

Everything posted by Michal

  1. Sure Mate, but let me stick to Milton Friedman's definition.
  2. I got great and honest definition for inflation. Inflation = increase of money in economy - economic growth. New definitions are only smoke and mirrors game used to complicate this subject. When calculation process isn't clear and honest it allows you to get any desired score by picking suitable data, so called "magic of statistics". Personal Inflation is just reflection of our habits in light of true inflation. Just my opinion, not necessarily right one. 😉
  3. Probably he had to sell his computer to cover margin call to cover his gold short position. 🤭
  4. There is a reason why people always back to gold after fiat currency rant. I am simple man, I see them print like crazy, I buy more PM. Question is not, If it end up in mess, question is when. Situation right now look like pure madness. They "struggle" to get inflation of 2% but my shopping basket went up ~15%. No point of holding cash now IMHO.
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