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

To: Elroy Jetson who wrote (25760)	12/9/2004 12:53:10 PM
From: gpowell	Respond to of 306849

How deeply ingrained debt and Monetarism has become in our society, that people cannot even imagine a cash purchase. I agree, debt must be deeply ingrained. In your previous post, you correctly identified Federal Reserve notes (cash) as liabilities of the Fed and one post later, you appear to be attributing to cash the status of a tangible asset. Let us know when you figure it out. I have to admit that you've made progress - at least now you're not claiming to have a degree in economics.