Stagflation hits the main stream press!!!

[GoUSC]

That’s it boys and girls. Stagflation is hitting the main stream press. This is a *BIG* deal.

http://biz.yahoo.com/ap/080226/economy_twin_evils.html

[patientlywaiting]

Yeah, radelow, that’s a HUGE deal.

I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.

It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.

[patientlywaiting]

Yeah, radelow, that’s a HUGE deal.

I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.

It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.

[patientlywaiting]

Yeah, radelow, that’s a HUGE deal.

I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.

It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.

[patientlywaiting]

Yeah, radelow, that’s a HUGE deal.

I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.

It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.

[patientlywaiting]

Yeah, radelow, that’s a HUGE deal.

I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.

It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.

[kewp]

Another strike against the ‘Deflationistas’.

Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.

[kewp]

Another strike against the ‘Deflationistas’.

Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.

[kewp]

Another strike against the ‘Deflationistas’.

Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.

[kewp]

Another strike against the ‘Deflationistas’.

Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.

[kewp]

Another strike against the ‘Deflationistas’.

Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.

[patientrenter]

kewp, I think you’re right. With asset price inflation, borrowers (=majority of voting population) do very well, regardless of deflation or inflation. That’s what we’ve had for years. With asset price deflation, borrowers can only do well if they can default, or inflate away their debts, with inflation here defined using consumer prices and wages.

When projecting the future, always be aware of what works best for the majority of voters. Politicians may be corrupt or statesmanlike, but few politicians are going to do anything to stand between the majority of voters and their dreams of wealth without saving*.

*Saving defined as earned income less consumption spending, excluding capital gains/losses.

Patient renter in OC

[patientrenter]

kewp, I think you’re right. With asset price inflation, borrowers (=majority of voting population) do very well, regardless of deflation or inflation. That’s what we’ve had for years. With asset price deflation, borrowers can only do well if they can default, or inflate away their debts, with inflation here defined using consumer prices and wages.

When projecting the future, always be aware of what works best for the majority of voters. Politicians may be corrupt or statesmanlike, but few politicians are going to do anything to stand between the majority of voters and their dreams of wealth without saving*.

*Saving defined as earned income less consumption spending, excluding capital gains/losses.

Patient renter in OC

[patientrenter]

kewp, I think you’re right. With asset price inflation, borrowers (=majority of voting population) do very well, regardless of deflation or inflation. That’s what we’ve had for years. With asset price deflation, borrowers can only do well if they can default, or inflate away their debts, with inflation here defined using consumer prices and wages.

When projecting the future, always be aware of what works best for the majority of voters. Politicians may be corrupt or statesmanlike, but few politicians are going to do anything to stand between the majority of voters and their dreams of wealth without saving*.

*Saving defined as earned income less consumption spending, excluding capital gains/losses.

Patient renter in OC

[patientrenter]

kewp, I think you’re right. With asset price inflation, borrowers (=majority of voting population) do very well, regardless of deflation or inflation. That’s what we’ve had for years. With asset price deflation, borrowers can only do well if they can default, or inflate away their debts, with inflation here defined using consumer prices and wages.

When projecting the future, always be aware of what works best for the majority of voters. Politicians may be corrupt or statesmanlike, but few politicians are going to do anything to stand between the majority of voters and their dreams of wealth without saving*.

*Saving defined as earned income less consumption spending, excluding capital gains/losses.

Patient renter in OC

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