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 Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (53912)	2/15/2006 2:14:25 PM
From: GST	Read Replies (1) \| Respond to of 110194

I expect prices for everything I consume to go up. I consider this the "expense" side of my income statement. I do not expect my income to keep pace with my expenses. I expect the asset side of my balance sheet to decline somewhat, all the more so if my assets are denominated in US dollars, but even this is an area where there is great uncertainty and where money supply will have the greatest impact on me because I own a house in the USA that I do not plan to sell. I do not expect much change in my liabilities as I am loath to take on debt and feel little need to do so. Net, net, the price I pay to live will go up -- the price levels that I experience as I live day to day and year to year are rising and will continue to rise. If there is a contraction of US money supply then I expect price levels to rise even faster than they are now. If money supply in the US remains "loose", then I expect more moderate inflation in the short term, and a break down in the medium to long term followed by a devastating increase in prices.