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: Perspective who wrote (91042)	10/2/2007 3:07:20 PM
From: John Vosilla	Read Replies (1) of 306849

'Financial mistakes fade with time as their real price fades through compounding inflation' This is nothing new. Look over the course of a lifetime, say 80 years, to see how much the purchasing power of a dollar has gone down.. Expansion of the monetary base through clever deception by our government will always be the end game. Correcting financial mistakes like the S&L fiasco didn't seem to incrementally add to inflation back then when combined with strong dollar policies and fiscal discipline which are much more important.

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