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

To: patron_anejo_por_favor who wrote (285181)	10/20/2010 4:32:50 PM
From: tejek	Read Replies (2) \| Respond to of 306849

>I thought you were claiming that gold would have been a better investment. Did I misunderstand?<< It would have, but in this example it simply represents a proxy for commodities, currencies, bonds or inverse purchasing value of the dollar. The point being that any of a multitude of other "investments" would have been better than throwing money down the TARP rathole. If you debase the currency enough, almost anything is gonna come out ahead (especially if the purpose of the debasement is to assure that your bad investment is nominally positive). The goal wasn't to make money. The goal was to keep the banking industry from collapsing in this country. A secondary benefit is that it looks like the feds will make a profit. A win-win situation....in my book.