I think 7% is realistic for a few months in 07 and then 8, and then 9, and then 10, and then 11, then 12 … you get the idea …
To bail out banks and other financial institutions (freddie and Fannie) the printing presses need to be cranked up. That = inflation. However its possible that the chineese will stay indexed to the dollar and go down in flames with the dollar. lower interest rates = low inflation. Yes I would love that, but dont think the failing banks and federal institutions will.
So we inflate and gas goes up, rents go up, food goes up but all chinamart stuff does not. So its sorta like free money. Wages will stagnate but eventually creep up, so would rents, interest rates will be high but banks will have enough money to tide over the crash of real estate. That would be the only logical scenario … or the least painful scenario. Hyper inflation. Not so bad. Just dont sell your house when we are in it. Rent it out and you might not lose your ass …
Cool.
Cow_tipping.
