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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (30399)4/12/2005 1:10:22 AM
From: ild  Respond to of 110194
 
Data on HELOCs from today's CI:

idorfman.com



To: mishedlo who wrote (30399)4/12/2005 7:26:50 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
I don't understand your post at all. But sticking to task, the discussion of housing inflation, my point is straightforward and linear. There always has been housing inflation, we all know that, but it's been covered up and hidden in the CPI by the use of this "owner's equivalent rents" data scam. But now that rents too are surging, the reported CPI numbers should as well, as that component is a large part of the measure.



To: mishedlo who wrote (30399)4/12/2005 8:03:25 AM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
Re: deflation we must define what this means.

Falling prices -- whether for assets or CPI items -- is NOT deflation.

Genuine deflation is a contraction in the amount of money and credit outstanding like we saw during the 1930s when the buck was tied to gold.

Very little chance of this recurring with our current fiat money system IMHO.