Friday, November 24, 2017

You and Your Fiat Money

And people somehow think that I'M the crazy one.


  1. It's ok ... there's inflation in salary too.

    Avg salary in 1972 with Pri school education -- $200.

    (LKY made a famous speech in late-1960s saying that we should prevent those earning $200 from having more than 1 or 2 kids -- which would be about 80% of the population then.)

    Avg salary in 2017 with ITE education -- $2000.

    1. It's true, there is inflation across the board. However, it's not always equal. I'd like my assets to appreciate in real terms.


Observe the house rules.