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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (310987)6/22/2009 9:08:12 AM
From: jrhana  Read Replies (2) of 793989
 
<Given there has never been a hyperinflation in history where home prices have crashed, I have one question: Where are the hyperinflationist's recommendations to buy houses? Where? Please don't be a wimp about it. Is any hyperinflationist recommending houses?

OK so inflationists like gold. So do I, as a deflationist. However, in housing, and only housing can one put down 10% and control an asset for decades. Housing is (or should be) a hyperinflationist's dream come true.

Falling home prices remain the nut that hyperinflationsts just cannot escape. Yes, home prices will bottom, perhaps years from now, perhaps even next year. Then what? If you truly believe hyperinflation is coming, then housing is a sure thing. Go for it.>

globaleconomicanalysis.blogspot.com

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