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Launching QuietGrowth

Hello all! I am happy to announce that I am launching QuietGrowth ( QuietGrowth.com.au ), the most advanced digital investment management s...

Wednesday, October 28, 2020

Judging based on what one has done so far

As you approach the age of 40 years and beyond, people gradually cease judging you based on what you say you want to do. They increasingly judge you based on what you have done so far.

Saturday, October 24, 2020

Reflation

Over the next one year, many people will get acquainted with the word 'reflation'. (Meaning of 'reflation': Expansion in the output level of economy by government stimulus, using either fiscal policy or monetary policy or both.)

As the economic damage from covid-19 continues to rage at least till mid-2021 or end-of-2021, many governments would want to spend to prop up economies temporarily but these governments won't have much money to spend!

So, debates will increase on the topic of how much to spend and where to get that money to spend. In these public discussions and discourses, the word 'reflation' will be increasingly used.

Friday, October 16, 2020

Choosing between inequality and poverty

Low-cost mobile data, free mobile apps and low-cost smartphones have played a greater role in poverty alleviation across the world than many government welfare schemes.

Even if this massive positive effect results in the emergence of a few hundred new billionaires and the perceived increase in inequality, I am perfectly fine with it!