I agree that Powayseller was right. She doesn’t need to say she was wrong, because she was right. The housing market saw 40%+ declines in San Diego County, didn’t it? And we did see a severe stock market correction.
Nobody can be right on timing 100% of the time, but she was absolutely right on the direction of the markets.
There are many of us who do daily battle with the concepts of inflation/deflation and which will win over time. I’m a long-time deflationist, but hedged against a dollar decline a few years ago because I was/am worried about a currency crisis (now out of those positions).
