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    Property doubles every 14 years, not every 7

    You would need 7.04% inflatation for wages to go from $20 ph to $600ph in 50 years, but we get the point!! asdlellel - look at the M's (M0, M1, etc..) money supply on wikipedia / google. Also read up old bank reports and look at the combined loans of the big 4 and shareholder capital... Its...
  2. T

    Property doubles every 14 years, not every 7

    Because our financial system isnt screwed...: - The RBA cutting rates actually flows on to the public as most are on variable morgages (not 10 - 25 year fixed like the US) and all banks are still well capitalised and profitable - Our economic fundamentals are a lot healthier than the US...
  3. T

    Property doubles every 14 years, not every 7

    Wow.. Thats why this site has gone to the dogs. W2BW, I do admire your spirit and drive, but seriously, this is a forum. For people with different view points and experiences. To share. Sounds like you should record a ra-ra-ra investing rant on tape and just sit and listen to it by...
  4. T

    Property doubles every 14 years, not every 7

    Correct - see the XIRR function in Excel (and also IRR for periodic cashflows).
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