Yes, the whole scenario has smelled of ultimate hyper-inflation for a long time. you'll maybe have to go through a few months of deflation first though, so don't be surprised. Since 1948, there have only been seven months where RPI (RP04) has been in negative territory (1995/60) when the maximum was -0.8%. Given the massive asset destruction this time around, perhaps we shall see some lower figures than this.
5 comments:
* past performance is not a guide to the future.
returns can go down as well as up.
There's some good dividend yields out there if your prepared to handle slightly more risk/volatility.
Yep, invested a lot of money in NS&I index linked bonds - tax free too. RPI (not CPI) + 1% and no tax - sounds like a good deal to me.
...oh and you can take your money out at any time and if you leave it in for at least a year you will still benefit from the interest.
Yes, the whole scenario has smelled of ultimate hyper-inflation for a long time. you'll maybe have to go through a few months of deflation first though, so don't be surprised. Since 1948, there have only been seven months where RPI (RP04) has been in negative territory (1995/60) when the maximum was -0.8%. Given the massive asset destruction this time around, perhaps we shall see some lower figures than this.
Anyone got any ideas of size?
A David
Not I, sorry. I only want to keep out of it, as with a bar-room fight.
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