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

To: TH who wrote (45862)	10/18/2011 12:01:31 PM
From: Mike Johnston	4 Recommendations Read Replies (1) \| Respond to of 119361

you even have super idiot clowns like Evans talking about jacking up the inflation target so they can fix unemployment. Zimbabwe was one of the richest countries in Africa. Then they socialized the land and jacked up inflation big time. As a result unemployment went up to 80% and 50% of population were eating rats to survive (a fact) We were the richest country in the world, then we socialized the housing market and are now jacking up inflation. What's next? How many people will afford a loaf of bread @$100 while they lose their job because commerce will cease while their savings generate 0% interest?