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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 (25993)12/15/2004 3:35:23 AM
From: Mike JohnstonRead Replies (2) | Respond to of 306849
 
In capitalism, wealth is created with work, saving, innovation, production.

In Socialist Monetarism the Fed simply prints "wealth". The economy is driven by debt, easy money, inflation and consumption.
Why work if you can "make" $500 a day without getting out of bed.

Now it is easy to see which system is more popular and why.

I wonder what is the percentage of population that thinks that they are getting richer because their house is getting more expensive ?


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