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

To: Elroy Jetson who wrote (162868)	11/8/2008 12:49:36 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 306849

you really think asset prices won't continue to rise? I am predicting hyperinflation, I can't see how asset prices don't continue to rise. I know oil is crashing now but this is recession shock we have at this instance, plus an almost certain switch to alternative energy simply to keep the $2 billion we send every day to the ME to buy oil, here, because no matter what greentech costs it will be cheaper in the long run if we keep the money here. So oil is a special case. Obama is forced into massive debt spending and that is inflationary, don't you think?

To: Elroy Jetson who wrote (162868)	11/8/2008 2:23:02 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

>>It would be quite a miracle to inflate away debt in this environment.<< Yer underestimating the power of modern electronics. To wit, visualize the "stimulus program" of last year: $60 billion, $600 clownbux/household. Simply multiply both numbers by 100. Deflation gone. Inflation back. Dollar trashed. Mission accomplished. Then Volcker will work his magic to contain the subsequent maelstrom (or so the story goes.....) To paraphrase Peter Sellers in Dr. Strangelove: "All it requires is the VILL to do it!" Of course he was referring to a different type of Doomsday device.....