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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (30036)2/27/2008 9:43:47 PM
From: KyrosL  Read Replies (2) | Respond to of 218254
 
A hefty dose of short term inflation that does not raise by much inflation expectations is perhaps what the Fed is praying for. Home prices dropped 8% from the top in nominal terms. In real terms, with 4% inflation, they are down 12%. Another year of this, and we will be down to 15% or so nominal, 25% or so real. That's what everybody says is close to the worse case, so we could be done in a year or less.