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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (97131)8/1/2002 4:09:39 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 132070
 
**But we already had this discussion 2 years back, and it didn't stick. Whatever. I guess if the price of gold goes up, that's inflation too, even though majority of the US consumers could care less**

yes, it would be gold asset inflation. it is so moronic to compare housing values and its impact on the average american and the impact of the price of gold on the average american that a discussion can't possibly even take place.

rents are going up astronomically where i live - socal.



To: Ahda who wrote (97131)8/2/2002 8:51:46 PM
From: BGR  Read Replies (1) | Respond to of 132070
 
I do not have to look at geographical locations to determine average annual in the USA. Localized market imbalances are not the issue here; the Fed sets rates for the whole country.

And, the whole point is that for an existing homeowner, the cost of housing is not impacted by increase in home values.

I do not understand the point of the remaining part of your post, in relation to US inflation.


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