Friday, November 24, 2017

You and Your Fiat Money


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

2 comments:

  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.

    ReplyDelete
    Replies
    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.

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