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I'm thinking similar. There was nothing easy about the high inflation 70's and 80's, and is the reason why the 90's started with such cheap asset prices and took so long for people to forget that period. Anyone highly geared was in big trouble then for a long time. My family owed half a million...

Alan Kohler makes mention of this a bit in his weekly wrap. Just a tidbit,... ............"End of the welfare state? There is also something deeper at work that has little to do with the Global Financial Crisis. The purpose of the EU was to end the French/German/British animosity...

Of course, grain would be a terrible thing to use as a hedge against inflation, because you then have to put up with the normal month to month and year to year fluctuations in price. Same with most other commodities. There is twice as much wheat in the world now than 2 years ago thanks to 2...

Winston, A good example is the very next mornings grains report from here,... http://www.forexyard.com/en/news/GRAINS-Dollar-drop-pushes-wheat-corn-soybeans-higher-2010-02-26T181659Z ........"CHICAGO, Feb 26 (Reuters) - U.S. wheat, corn and soybean futures rose sharply on Friday as a...

I reckon that's about right. Depending on even more fluctuating agricultural production and prices too. According to the CIA world fact book, https://www.cia.gov/library/publications/the-world-factbook/geos/as.html Australia's GDP purchasing power parity was,... $819 billion US...

Dunno BC. I was wondering the same thing. Just googled up some figures. World fact book. Greece has roughly half our population, yet exports just 18.6 billion $US of stuff. Australia exports 161 billion $US of stuff. Greece.... imports 61 billion $US of stuff. Australia imports 161...

Yeah, true. You win as long as you can pay the interest bill, as interest rates go up too with inflation. See ya's.