To: Elroy Jetson who wrote (24779 ) 10/25/2004 2:36:39 AM From: X Y Zebra Read Replies (2) | Respond to of 306849 Real estate benefits for a period under Monetarism, but later falls back to those bothersome real factors that Bernanke treats as a footnote to the Big Plan. yes, but...But in a deflationary environment, and with true-believers at the Fed, the Fed currently sees no reason for the economy to even have brakes in the first place. They see themselves as preventing deflation by "stabilizing prices" as if it were some sort of dangerous disease. therefore, the "when to pull out" becomes crucial... if they will be making punch available and provide the limousine to carry the drunks to the next party and so on... WHEN will the promoters stop providing the punch and limos... at what point, being wise begins to pay-off... I suppose... 'measured greed' is the answer (easier said than done) discipline will be important. Like you, deviating a specific percentage of resources to safe heavens and free from any chain attached to the partying boat, which eventually will sink carrying with it all that are firmly attached to the bottom of whatever financial sea they may be navigating into...The end-game for real estate will be ugly. yes, but then again... it will be a buying opportunity of major proportions... Argentina is the most recent example of that... besides, with BernanKaput at the helm, and the rest of the wild party advocates in firm control, financial engineering is easier to manage than bio-genetic engineering, where a real Frankenstein would be more difficult to control... then again,... who really knows... financial engineering has the advantage of lulling into sweet dreams the entire population with illusions of wealth, not to mention that it is aided by a huge propaganda machinery of the killer-combo of TV and Hollywood... Panem et Circenses, Marcus Aurelius...members.fortunecity.com Caeci caecos ducentes [ - Blind are led by the blind. Leaders are not more knowledgeable than the ones they lead] -gg