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SD Transplant.
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July 18, 2010 at 10:46 AM #580671July 18, 2010 at 11:03 AM #579646
jpinpb
ParticipantOkay. I’m trying to follow along, but I’m still grappling w/understanding this. The only thing I keep coming back to is the houses, “asset” has gone down in value. That is fine if you just hold, don’t sell, etc. The money isn’t *destroyed*.
The reality is that people extracted money/equity and went on spending binges. They are not doing that now. Okay. To a lesser degree, people are living for free for up to 2 years, so they still are able to spend somewhat. Things didn’t come to a crashing, grinding halt. Nevertheless, the money being spent and circulated is considerably less.
Yes, the government is printing money. Indirectly this has also allowed people to live for free for 2 years, IMO, and hence money continues to be spent.
July 18, 2010 at 11:03 AM #579739ParticipantOkay. I’m trying to follow along, but I’m still grappling w/understanding this. The only thing I keep coming back to is the houses, “asset” has gone down in value. That is fine if you just hold, don’t sell, etc. The money isn’t *destroyed*.
The reality is that people extracted money/equity and went on spending binges. They are not doing that now. Okay. To a lesser degree, people are living for free for up to 2 years, so they still are able to spend somewhat. Things didn’t come to a crashing, grinding halt. Nevertheless, the money being spent and circulated is considerably less.
Yes, the government is printing money. Indirectly this has also allowed people to live for free for 2 years, IMO, and hence money continues to be spent.
July 18, 2010 at 11:03 AM #580271ParticipantOkay. I’m trying to follow along, but I’m still grappling w/understanding this. The only thing I keep coming back to is the houses, “asset” has gone down in value. That is fine if you just hold, don’t sell, etc. The money isn’t *destroyed*.
The reality is that people extracted money/equity and went on spending binges. They are not doing that now. Okay. To a lesser degree, people are living for free for up to 2 years, so they still are able to spend somewhat. Things didn’t come to a crashing, grinding halt. Nevertheless, the money being spent and circulated is considerably less.
Yes, the government is printing money. Indirectly this has also allowed people to live for free for 2 years, IMO, and hence money continues to be spent.
July 18, 2010 at 11:03 AM #580376ParticipantOkay. I’m trying to follow along, but I’m still grappling w/understanding this. The only thing I keep coming back to is the houses, “asset” has gone down in value. That is fine if you just hold, don’t sell, etc. The money isn’t *destroyed*.
The reality is that people extracted money/equity and went on spending binges. They are not doing that now. Okay. To a lesser degree, people are living for free for up to 2 years, so they still are able to spend somewhat. Things didn’t come to a crashing, grinding halt. Nevertheless, the money being spent and circulated is considerably less.
Yes, the government is printing money. Indirectly this has also allowed people to live for free for 2 years, IMO, and hence money continues to be spent.
July 18, 2010 at 11:03 AM #580681ParticipantOkay. I’m trying to follow along, but I’m still grappling w/understanding this. The only thing I keep coming back to is the houses, “asset” has gone down in value. That is fine if you just hold, don’t sell, etc. The money isn’t *destroyed*.
The reality is that people extracted money/equity and went on spending binges. They are not doing that now. Okay. To a lesser degree, people are living for free for up to 2 years, so they still are able to spend somewhat. Things didn’t come to a crashing, grinding halt. Nevertheless, the money being spent and circulated is considerably less.
Yes, the government is printing money. Indirectly this has also allowed people to live for free for 2 years, IMO, and hence money continues to be spent.
July 18, 2010 at 11:23 AM #579651Nor-LA-SD-guy
ParticipantUnless they start sending everybody checks, they don’t seem to have a way to get the money into circulation, without circulation, is the money supply really being increased?
July 18, 2010 at 11:23 AM #579744ParticipantUnless they start sending everybody checks, they don’t seem to have a way to get the money into circulation, without circulation, is the money supply really being increased?
July 18, 2010 at 11:23 AM #580276ParticipantUnless they start sending everybody checks, they don’t seem to have a way to get the money into circulation, without circulation, is the money supply really being increased?
July 18, 2010 at 11:23 AM #580382ParticipantUnless they start sending everybody checks, they don’t seem to have a way to get the money into circulation, without circulation, is the money supply really being increased?
July 18, 2010 at 11:23 AM #580686ParticipantUnless they start sending everybody checks, they don’t seem to have a way to get the money into circulation, without circulation, is the money supply really being increased?
July 18, 2010 at 11:32 AM #579666Arraya
Participant[quote=walterwhite]where is the money likely to go? Where might it go?[/quote]
[img_assist|nid=13626|title=..|desc=|link=node|align=left|width=609|height=350]
July 18, 2010 at 11:32 AM #579759Participant[quote=walterwhite]where is the money likely to go? Where might it go?[/quote]
[img_assist|nid=13626|title=..|desc=|link=node|align=left|width=609|height=350]
July 18, 2010 at 11:32 AM #580291Participant[quote=walterwhite]where is the money likely to go? Where might it go?[/quote]
[img_assist|nid=13626|title=..|desc=|link=node|align=left|width=609|height=350]
July 18, 2010 at 11:32 AM #580398Participant[quote=walterwhite]where is the money likely to go? Where might it go?[/quote]
[img_assist|nid=13626|title=..|desc=|link=node|align=left|width=609|height=350]
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