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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (91054)10/1/2007 11:18:22 PM
From: neolibRead Replies (1) of 306849
 
AFAIK, the "preferred" level of money is 100% independent of whether the system is gold based or fait paper money. Why would you think otherwise?

If you are getting the impression that I don't like money, my bad. I find it most useful. I'm interested in what the "best" monetary system should look like.

I don't like asset bubbles, but I also don't think that asset bubbles are 100% linked to monetary policy. Real estate can appreciate (or tank) based on population density for example, or how many murders occur in your neighborhood. The money supply might grow, or shrink and either of those could still happen.
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