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


To: Perspective who wrote (180586)1/30/2009 1:06:25 AM
From: Skeeter BugRespond to of 306849
 
>>The inflation already happened; covering the bank losses with fresh dollars is just an attempt to prevent the hard reset of deflation. It's basically designed to favor the big lenders in our society, avoid the BKs that would otherwise clean the slate for the heavily indebted.<<

BC, that's the "plan," but i bet the government overshoots badly, in which case... massive inflation.