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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (15842)1/11/2004 4:49:37 PM
From: Elroy JetsonRead Replies (1) of 306849
 
Yes, now you're on track. Almost everything increases when it's measured in clown-bucks.

When the U.S. dollar declines 20% to 40% against almost everything, a single digit "increase" in U.S. incomes is, in reality, an enormous decline in income.

The U.S. is currently experiencing a double-digit decline in incomes and wealth, just like the 1930's.

It looks different to the casual observer only because the Fed is changing the length of the yardstick by devaluing the "stong" dollar.
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