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


To: koan who wrote (35026)8/15/2011 12:48:26 AM
From: koan  Read Replies (2) | Respond to of 119360
 
New phrase is "US wealth destruction". No one knows what to do, or even seems interested in finding out, but it should continue to chip away at the dollar, IMO. That may right the ship eventually through inflation and a lower standard of living. The problem is we need better and comprehensive wealth distribution and inflation works against that?.

Some think they know what to do but using probability, it seems improbable to me. And it doesn't help to have half the economists selling ideology instead of science. That furthers economic destruction and muddles attempts to understand the problems of what is going on and what to do about it.