Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (10239)	6/18/1998 1:03:00 AM
From: Ploni	Read Replies (3) of 18691

Even if the presses had to go all day and night and produced triple digit inflation bank depositors will be paid. What happened to prices during the Great Depression? Did they go up or down? I know a big problem was that the banks failed, and many people lost their accounts, so for them it didn't matter what the prices were. Do you thus think that a crash this time might be met with hyperinflation? It's an important question. For example, if real estate plunges (deflation) at the onset of a crash, it would be better to have cash on hand to buy some up. On the other hand, if hyperinflation would occur at the start of a crash, it would be better to buy real estate now, before that happens.

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