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Showing posts with the label price

20221129 : inflation

I keep hearing the word "inflation" a hundred times everyday..  what is it? A meal has the same value it did last year, as now, as next year. A meal is an example, but everything in the world I think - nothing changes in value. Yes it costed less last year, costing something now and very very likely it will cost more next year. What is really happening is that the meal is not changing value (and becoming expensive), instead money is losing value and a meal is becoming expensive... The truth is the value of goods change. But I feel the intrinsic change of value is very minimal compared to increase in value because of price increase due to drop in money value. I know - there are probably tons and tons written about this and millions of books, but "inflation" is something I struggle to get my head around. Why do we have inflation? Why is money losing value? I am not very sure about this, but feel the main reason is because we have printed so much of it. I mean - anybod

20220205 : real estate value

I was watching something last night regarding most the expensive places. I gather the most expensive real estate currently is in Hongkong per sqft. Couple of days back, I had an opthalmologist and 2 other optometrists at home checking my vision and the corrections needed in glasses. After a lot of checking (and my amazing ability to convey 😂), it was established what the power had to be. It was also established that I needed reading glasses. So the options were : 1. Two seperate glasses - for TV and for reading (phone) 2. Bifocals 3. Progressive lenses Progressive takes time to get used to, same with bifocals - plus it's irritating with 2 lenses and the boundary seperating them. So they suggested I go for the option of two separate glasses. I said "no".. They were telling me why it might be better, all very valid and logical reasons.  I was continuing to indicate "no". They must have concluded that I am insane or stubborn as a donkey not to heed to logical advi