Hello Maurice, net net, taking account of your deflating bagful of USD fiat, vaporizing Tonka-ful of QCOM paper, zippity doda of appreciated house, booma kabooma of revalued house, are you now better off?
If so, then will you be better off still when interest rate rises and the house needs to be devalued, even as mortgage outstanding remains the same, while, at the same moment, Bernanke and benighted Maestro lose control of the “off” switch of the printer and/or do not have a sufficiently large sponge to mop up the liquidity that found its way into things and paper that represent fractional ownership in things, such as physical gold, paper gold and gold shares.
I am posting to you for your good, to save you from Mq.
<<Oh, I just realized, I should go and check the local price of a Lexus. With the exchange rate changes, they should be quite affordable now in NZ$. Heh, heh!! >>
Yes, I remember that Lexus and our bet …
Message 17235656
March 22nd, 2002
<<upbeat ... Lexus ... buying ... means the economy is going great ... correlation previously ... expect a global economic acceleration of large proportions>> ... I am betting that two Lexus worth of time machine will double in value, in the currency of its country of origin, quadruple in value in USD, and quintuple in value against the home currency of the Lexus, and up 400 fold against your then used Lexus, all before the end of the old New Ec & Newer old WAT.
Oops, I changed my idea once more. I take out the bit about WAT, because there is no end to that until there is a change to everything you and I are familiar with, be it the gas, gold, home, watch, Lexus, and equity prices, or the world equilibrium state, in terms of polarities, spin state, energy levels, prosperity spheres, trade blocks, and balance of whatever.
Your purchasing of a Lexus is a bet. You are saying (a) Lexus will not become cheaper on the primary market, and/or (b) Lexus will not flood the secondary market. Your Lexus bet is in harmony with you Q wager.
My Equation of Time Machine has appreciated 22% on currency alone, and since the model has been discontinued, and based on the fact that I witnessed a 1985 vintage used machine of same model series auctioned off at 30% premium (+ 25% auction commission) to my discounted purchase price, I would say I am on track to winning the bet.
Chugs, Jay
P.S. Repent while there is still time. |
