Archive for May, 2012

May Day Food For Thought – 1 May, 2012

INFLATION OR STIMULATION? Someone asked me why thoughtless lavish spending encourages inflation when it helps to stimulate the economy … In one small example, buying an apartment you can’t afford then defaulting on the downpayment means that your thoughtless spending just helped to raise the price of properties unrealistically and returning the apartment doesn’t bring […]