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Simple answers to Complex Questions and Complex Answers to Simple Questions. In real life, I'm a Greater-Toronto (Canada) Realtor with RE/MAX Hallmark Realty Ltd, Brokerage. I first joined RE/MAX in 1983 and was first Registered to Trade in Real Estate in Ontario in 1974. Formerly known as "Two-Finger Ramblings of a Forensic Acuitant turned Community Synthesizer"

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Wednesday, July 20, 2011

2% Inflation Means Prices Increase 25% in 12yrs - Guaranteed!

The Rule of 72 - divide your rate of return (in this case, a discount rate) into 72 to get the # of years that it will take to double (halve) your original principal at that constant rate


123456
100102104.04106.1208108.2432110.4081



789101112
112.6162114.8686117.1659119.5093121.8994124.3374



131415161718
126.8242129.3607131.9479134.5868137.2786140.0241



192021222324
142.8246145.6811148.5947151.5666154.598157.6899



252627282930
160.8437164.0606167.3418170.6886174.1024177.5845



313233343536
181.1362184.7589188.4541192.2231196.0676199.989



So .....

If we maintain a Bank of Canada sanctioned 2% inflation
-- the debts of all of us will diminish by 25% in just 12(+) yrs

That coupled with wages rising by COLA (remember that from 1970's)
the "whole problem" will just disappear

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