[brraverishhh]

The Voice - The Cost of Living

File size - 3.96mb
Run time - 17 minutes 18 seconds

This episode looks at the increasing cost of living and compares prices in 1980 to the prices in late 2007. The figures presented show our politicians up for the liars they are each time they tell us that everything is going great guns.

[tgs]

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.

[Raj_Copi_Jin]

The Liberal Party claimed that they had increased Real Wages by 19.8% over the period of March 1996 and December 2006, compared to Labor which decreased Real Wages by -1.8% from March 1983 and March 1996.