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

To: TobagoJack who wrote (90118)	1/4/2008 7:01:41 PM
From: GST	Respond to of 110194

The reason stuff was cheap was because they had raging inflation and you, or your wife, as foreigners could buy what you wanted from them for next to nothing using your exalted US dollar -- but they could not buy anything because they were being wiped out by a raging inflation.

To: TobagoJack who wrote (90118)	1/4/2008 7:09:05 PM
From: pogohere	Read Replies (1) \| Respond to of 110194

It's not easy to flush away cognitive dissonance. siliconinvestor.com Everything looks expensive to the guy with nothing in hand. In the mean time, $500+ trillion in derivatives is composting nicely. Some definitions just aren't worth a ----, anal-lytically speaking: Message 24184096

To: TobagoJack who wrote (90118)	1/4/2008 7:49:29 PM
From: skinowski	Read Replies (3) \| Respond to of 110194

wife travelled to israel, jordan, turkey, russia, and india at the time, upon graduating biz school, and by the look of the credit card tallies at the time, 6-star treatment said deflation, as in nothing was worth anything and everything was for sale, cheap I had a similar experience. That's why I keep telling people that inflation and deflation are two faces of the very same phenomenon. Just a few years ago you could buy RE in Buenos Aires for ridiculously low prices - if you paid in dollars - even as those prices were going straight up in local money. Not sure if Gold should be the only "measuring stick", or "Standard". Perhaps, we need something based on a broader basket which should include oil and energies, a sampling of "stable" currencies, etc.