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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: RMF who wrote (51413)	9/20/2006 1:53:43 AM
From: Lazarus_Long	Read Replies (2) of 90947

OK. Let me correct that. We aren't in a stock market bubble wondering when it will pop. Real estate bubble fueled by low interest rates? I can buy that. But as Oeconomicus points out, most people aren't house flippers. You don't daytrade houses. Where is the thread on SI corresponding to this? Subject 28734 Liquidity? Where? M1 research.stlouisfed.org Subject 28734 M2 research.stlouisfed.org research.stlouisfed.org Ain't this cute? research.stlouisfed.org Notice how about 1995- -you remember who was President then- -M2 suddenly TOOK OFF and has continued at the same rate? Funniest thing. Just before an election too. Your turn. I think Oeconomicus took care of "Our economy has been pretty much fueled by that real estate bubble. When it crashes that 4.7% unemployment rate will be a thing of the past."

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