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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (19649)4/13/2009 2:23:41 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 71426
 
Elroy, i don't think anyone is claiming that housing will turn on a dime, rather, that other things will go up in price.

like food, energy, gas and everything else around that is *already* going up in price.

eventually, housing will inflate, too, but it will be from lower valuations relative to everything else.

this isn't necessarily a short term theme, but long term, rapid inflation looks very reasonable.

our debt load is rising astronomically fast, about as fast as our credit worthiness is decline, hence, the printing presses are running.

we aren't that far away from a point where government is financed by the printing press. no printing press = no government.

if so, the devaluation of the dollar will be immense, as will inflation.

you probably have some time to play the deflation game, but it won't work longer term, imho.



To: Elroy Jetson who wrote (19649)4/13/2009 10:38:24 AM
From: RJA_  Respond to of 71426
 
Elroy --

IMHO, the money printing has just begun.

There will be more in response to the unemployment you mention.

Stay tuned.