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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?

To: JF Quinnelly who wrote (494)	5/7/2009 11:49:28 PM
From: Maurice Winn	1 Recommendation Respond to of 621

Ah, I see. I should get around to checking real estate prices again [haven't done for a few months and they were still far above my buy price then]. Winter has arrived here and my northern hemisphere memories are very attractive. I suppose it's easy to rent houses these days up and down California [and maybe even in Hawaii] at a reasonable price. Perhaps too in the South of France now the British have been pummeled and many must have to sell their mortgaged holiday home down south. But with hundreds of millions of Europeans wanting holidays by the Mediterranean, I suppose rental prices won't fall far. Maybe they'll even go up as swarms of people who would have gone overseas plan to holiday at the end of the motorway system. Mqurice

To: JF Quinnelly who wrote (494)	11/10/2009 2:36:41 AM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 621

psst, jfred, look, our old mate ahahaha on the deflation bandwagon: Message 26084866 <<n a deflating economy anything that's truly of value to people will do well, and all the crap, like RE, will do what it should do. Nada. It adds no value. It's like idiot gold. Just sits there and fools and steals. That won't work when the inflation gun is out of bullets, the banks won't lend, and the 'crats wage war. So what stocks do well during deflation? Many Chinese companies. Plays like DIS, or pharmas, the stuff that's got a claim, that people want. What doesn't work? Commodities. All of them. So what is my evidence that the US is in deflation? Rising savings? High unemployment? Closed Temporary? Few buyers and lots of RE supply Well, how about prices at the supermarket that keep declining because they haven't yet found the marginal buyer? I like that one best. > > and another post: <To: robert b furman who wrote (15270) 11/9/2009 10:36:16 PM From: ahhaha of 15275 Ive been thinking that as the Dollar declines and commodity prices rise, False assumption. We're not in a regime of intrinsic inflation, but one of intrinsic deflation that's evolving into overt deflation due to the impediments erected by DM. You have been immersed in L'ancienne Regime for so long you have no idea about how the other one works. does this not aid in propping up real estate prices. Nothing "props up" RE prices except FED, by relegating the creation of money to banks a la 19th century. FED created $300B in high powered money that should have brought about 10 x $300B = $3T in spendable credit. It created 0. > Message 26085086 Mqurice