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The Voice - The Cost of Living
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11-29-2007, 03:22 AM
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tgs
Join Date
Mar 2007
Age
48
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5,125
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Excellent broadcast Trouble.
The increase in a basket of groceries over the period of 285% equates to an inflation rate of 4% per annum. Considering the government is increasing the money supply (the real definition of inflation) somewhere around the 10%+ mark the same increase of 285% will be reached in 11 years rather than 27 years.
Is it any wonder that investment gurus such as Dr Marc Faber and Jim Rogers are recommending commodity and agricultural investments.
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