The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy Jetson who wrote (91010)	10/1/2007 2:34:05 PM
From: RJA_	Read Replies (1) of 306849

Elroy -- IMHO a money system has to expand to accommodate new goods and services produced, otherwise you get deflation. Deflation is a problem -- because when a business borrows, it has to pay back in money worth more than it borrowed. Add that to the interest... and this removes much incentive to borrow or invest in working business. In that case, its easier to sit on your money and watch its value increase. Fine if you have lots, but for everyone else, IMHO depression... caused by lack of flexible money supply. Then there is the other extreme, what we have today. By the way, I am a gold bug, and would like nothing better than a gold standard (essentially money supply limited to what gold was around) but do not believe it is practical... Economic growth would be impeded. Just my opinion. RJA

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next