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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Mike Johnston who wrote (72003)2/12/2007 3:18:41 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>those are dollars that have been cheapened by the printing presses in D.C. so i doubt it.<<<

Doesn't matter.

If ten years ago, the Fed were taking 35% of dollars from taxpayers, the states were taking 5%, and a dollar would buy an apple, the Feds would have lost ground to the states if today the Feds took 30%, the states 10%, and it took two dollars to buy an apple.

Unless of course the Feds declared that since they are the Feds, when they come to buy, all prices are cut in half. That would be deflationary - couldn't have that.
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