The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (37742)	8/12/2005 8:45:46 PM
From: Elroy Jetson	Read Replies (3) of 306849

It so nice to have Miss Information back to vomit up some more of her preposterous lies. Grace "Miss Information" Zaccardi claims the value of manufactured products produced by America has increased 12 fold since 1945. A typical Monetarist lie. Since 1945, Monetarists have devalued the US Dollar by 10.5 fold - and that is measured by the CPI which substantially under-reports monetary inflation. Let's assume for the moment that the CPI accurately represents Monetarist inflation. This means that the value of manufactured products produced by America has increased by only 14% over the past sixty years. Of course to achieve even this tissue thin anemic lie, even fast-food hamburger flippers and their output are now claimed to "manufacturing". Do Monetarists actually expect people to believe their chronic lies? During this same time period, the population of the US has more than doubled. Fortunately we require only one million more manufacturing employees to produce just 14% more output. Thank goodness for all of that "productivity". .

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