Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (24880)	10/28/2004 1:04:18 PM
From: John Vosilla	Read Replies (2) \| Respond to of 306849

<When will the stampede to unload 400 K "tool sheds" in CA begin ? And will "financial technicians" at the Fed further confiscate dollar savings of citizens to prevent that from happening ? That is a million dollar question> Yes so true. What incredible times we live in when bubble coastal markets have residential real estate that in essence has a cap rate/cash yields down to 2% or so and so many still want to own even more. Yet go to Dallas and Houston and many condos still haven't recovered from the oversupply of the 80's oil bust selling at a fraction of replacement cost. The billion dollar question is does the Fed truly have control against outside influences such as dumping of bonds by foreigners and (or) continued devaluation of the dollar without bursting this credit/housing bubble. Greenspan can talk his bs and walk the thin line only so long.

To: Mike Johnston who wrote (24880)	11/7/2004 9:26:21 PM
From: Mike Johnston	Respond to of 306849

From Doug Noland's Credit Bubble Bulletin: "...once unleashed, inflation becomes only more difficult to control and there are always hopes that just a little more will suffice. Few initially recognize the eventual costs, while many clamor and yearn for the perceived benefits. Politicians adore inflation, at least until their constituents learn to abhor it. Over time inflation’s losers become more attentive and the detriment more conspicuous. For society as a whole, the insidious effects of debt and inflation spawn angst, animosity, and polarization. Globally, the redistribution of wealth foments acrimony and conflict. " Inflation has been unleashed. There are only two possible outcomes: a)significant rise in interest rates if the Fed will not raise short rates and "will not allow" long rates to rise , then: b)total destruction and eventually replacement of the dollar