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: Elroy Jetson who wrote (162868)	11/8/2008 2:23:02 PM
From: patron_anejo_por_favor	Read Replies (1) of 306849

>>It would be quite a miracle to inflate away debt in this environment.<< Yer underestimating the power of modern electronics. To wit, visualize the "stimulus program" of last year: $60 billion, $600 clownbux/household. Simply multiply both numbers by 100. Deflation gone. Inflation back. Dollar trashed. Mission accomplished. Then Volcker will work his magic to contain the subsequent maelstrom (or so the story goes.....) To paraphrase Peter Sellers in Dr. Strangelove: "All it requires is the VILL to do it!" Of course he was referring to a different type of Doomsday device.....

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