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


To: Tommaso who wrote (78993)6/6/2007 1:22:04 PM
From: Travis_BickleRespond to of 306849
 
I agree about the helicopter thing, there is a myth that he actually proposed dropping money from helicopters, really he was just pointing out, in a colorful way, that the printing press is a pretty potent weapon against deflation.



To: Tommaso who wrote (78993)6/6/2007 1:36:24 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'He sure sounds in no mood to try to rescue foolish real estate borrowers and lenders.'

At this point he can't cut without a major stock market crash. Then gold goes through the moon and long term rates go much higher on the other side.. Still it wouldn't do much for housing near term actually would make it even worse..



To: Tommaso who wrote (78993)6/6/2007 1:56:01 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"Six percent was a good old fashioned interest rate even under a gold standard. The ten-year Treasury ought to be there right now. If signs of inflation continue (and there are plenty), the Fed may shock everyone by increasing rates instead of cutting."

Exactly.