Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Skeeter Bug who wrote (172928)	12/21/2008 6:07:42 PM
From: neolib	Read Replies (2) \| Respond to of 306849

i didn't limit the cause to the excessive money A very interesting question however is what happens in societies which start to accumulate significant amounts of "wealth" which are simply electronic entries in various electronic accounts (including securities of many flavors which supposedly have underlying "value")? We get to find that out over the next decade or two, as the Baby Boomers retire and start tapping that equity. If the last 6 months is any indication, much of that "wealth" can go poof quite quickly. Given that very few products we need on a regular basis are stockpiled to a significant degree, (and essentially no services) then our economy reflects whatever the current production capability is, not the stored asset "wealth". As a consequence, stored asset "wealth" can change rather dramatically.