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

To: patron_anejo_por_favor who wrote (159578)	10/23/2008 9:50:52 PM
From: Pogeu Mahone	Respond to of 306849

Your wrong if obama gets in and volcker has a say. if mcsame gets in your right. =================== Bottom line: If deflation were a serious threat, we would debase the currency to no end to "defeat" it. You think we've had "stimulus" already? Try a 50 or 100K tax credit to every Merkan. That would be incredibly stupid, and would most certainly be used if nothing else "worked" quick enough to suit the pols. And no, prices would not go down in the face of it.

To: patron_anejo_por_favor who wrote (159578)	10/24/2008 3:16:15 AM
From: NOW	Respond to of 306849

you sure about that? make the case to me that the powers that be prefer that outcome...not saying you are wrong, but money drops from helicopters are NOt 100% certain in my mind

To: patron_anejo_por_favor who wrote (159578)	10/24/2008 7:30:06 AM
From: Tommaso	Read Replies (1) \| Respond to of 306849

I am trying to understand the strength of the $USD and the weakness of gold. I guess that it is a fact that the dollar is an incredibly convenient medium of exchange and temporary store of value. Whereas gold is terribly inconvenient. I am a lot happier with a debit card in my wallet backed by a good-sized bank account plus a $15,000 overdraft protection than I would be with a pound of gold coins in my pocket. The convenience and safety, not to mention the reduced likelihood of being murdered, are very valuable. Once you think about these things they seem rather obvious. But as I once heard a physicist say, "Economics requires a firm grasp of the obvious." Perhaps when the panic subsides the dollar will start to look like paper again instead of a ticket to escape from Casablanca.