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To: skinowski who wrote (609715)	10/1/2016 8:15:19 AM
From: LindyBill	Read Replies (2) \| Respond to of 793963

So, altogether, it's a tough call. Our "borrowing" consists of paper transactions in which the Fed issues debits and credits. At zero interest there is little interest in lending money. Food prices are actually down. My daughter owns a couple of rental houses in North San Diego County that stay fully rented. Bought them both in the 450K area several years ago and they are now worth 650 or better. 15 year mortgages and the rent more than pays the mortgage. We are back in a "housing bubble" but the way she is set up she is as bulletproof as you can get. The last rental that came open was filled off Craig's list in one week. She takes 35 buck credit checks and has her pick. They will be paid off in 10/12 years just about the time she will want to retire and be all income.

To: skinowski who wrote (609715)	10/1/2016 5:33:49 PM
From: frankw1900	Read Replies (1) \| Respond to of 793963

1920s Germany the inflation was deliberately caused by the govt to screw the French etc out of their war reparations. They printed the money. 1970s inflation caused by period of full employment through out West and then eventual wage/price spiral. Argentina is always the Peronista deal promising full employment,plus patronage, in every province. Eventually they get wage/price inflation, govt borrows money to bail things out and since nobody pays taxes eventually defaults. These days price of real assets is being pushed up by Chinese, Russian, and other hot money looking for safe, stable place to rest, and also pension and insurance operators looking for income. Thus real estate bubbles and rising rents for underclasses around the world This rise in underlying asset cost is diminishing agricultural producer margins and they are raising prices to make up. (See Pippa Malmgren). So it looks like stagflation of 70s, but different cause and different result: Then was debtors' paradise now is creditors' paradise. Then the lenders went on strike. Now, or possibly soon, borrowers may strike (and I don't mean not borrow).