SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SouthFloridaGuy who wrote (122058)5/10/2008 3:04:27 PM
From: John VosillaRead Replies (1) of 306849
 
Every textbook I've ever read or economics course says broad monetary expansion correlates with devaluation of your currency or inflation with a lag from 6-18 months.. It showed up dramatically in commodities and property starting in 2002-03 even as we pumped up MZM in 2000-02 after the dotbomb crash of 2000. Mike Johnson's hyperinflation might really happen if there is a global synchronized monetary expansion for an extended period of time coupled with ever increasing back end monetezation to keep long term rates low well into the inflationary cycle..

LIG weren't you expecting a housing crash here back in 2001 and were bullish on the stock market a year ago? So now Wall Street finally feels the pain we in the real world have seen for 18+ months and I'm suppossed to pay attention that finally Wall Street is freaking out that this is much deeper than just subprime as they were telling me a year ago? Now I'm suppossed to think the world is finally coming to an end with the housing market in parts of this country already down 60%, the stock market flat this entire decade but unemployment still near 5% and most still debating whether we are even in recession? I encourage you to take a trip to one of the ground zero bust markets and see the deflationary debt cleansing contraction with soup lines for yourself..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext