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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (150997)9/26/2008 5:35:09 PM
From: GraceZRead Replies (1) of 306849
 
Well I think it is unlikely that dollars will be worth more in ten years than they are worth today.

In a serious washout cash is always King because anyone who has it can position themselves to pick up assets for pennies. That's not deflation, that's liquidation prices.

It would take a dislocation in the extreme to get Americans to switch back to a supply economy where declining prices are the norm from a demand economy where inflation is the norm.
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