mrjakewoodhouse on Nostr: M1 money supply Australia AUD 2012 - 500$ bil 2022 - 1.6$ tril If your net assets ...
M1 money supply Australia AUD
2012 - 500$ bil
2022 - 1.6$ tril
If your net assets didn't keep pace with this, then you lost purchasing power... Which I am happy to bet was the case for most people.
Equally hardly a surprise that Australian real estate does what it does
https://data.bis.org/topics/CPMI_CT/BIS,WS_CPMI_MACRO,1.0/A.ABBA.AU.R1
2012 - 500$ bil
2022 - 1.6$ tril
If your net assets didn't keep pace with this, then you lost purchasing power... Which I am happy to bet was the case for most people.
Equally hardly a surprise that Australian real estate does what it does
https://data.bis.org/topics/CPMI_CT/BIS,WS_CPMI_MACRO,1.0/A.ABBA.AU.R1