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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GST who wrote (98817)1/3/2008 3:45:19 PM
From: lifeisgoodRead Replies (2) of 306849
 
I should have said "credit can cause a temporary spike in inflation." This is what happened with housing inflation. Trust me, it's just temporary. When the credit disappears, so does the inflation. Same goes for credit cards.

You simply cannot borrow your way into prosperity. That was my point.

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LIG
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