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davelj
Participant[quote=faterikcartman]
I think we’ve been insulated from a lot of inflationary pressure as many institutions that have received dollars from the government trough have not yet done anything with them so they’re not really in circulation.
[/quote]Agreed. But realize that a lot of these institutions can’t do anything with these dollars. They’ve got capital and liquidity issues that aren’t getting better. Furthermore, they can’t find places to loan out the money where they have much comfort.
So, yes, these dollars will one day get into circulation… but that could be a ways down the road given the fragility of their balance sheets.
davelj
Participant[quote=faterikcartman]
I think we’ve been insulated from a lot of inflationary pressure as many institutions that have received dollars from the government trough have not yet done anything with them so they’re not really in circulation.
[/quote]Agreed. But realize that a lot of these institutions can’t do anything with these dollars. They’ve got capital and liquidity issues that aren’t getting better. Furthermore, they can’t find places to loan out the money where they have much comfort.
So, yes, these dollars will one day get into circulation… but that could be a ways down the road given the fragility of their balance sheets.
davelj
Participant[quote=faterikcartman]
I think we’ve been insulated from a lot of inflationary pressure as many institutions that have received dollars from the government trough have not yet done anything with them so they’re not really in circulation.
[/quote]Agreed. But realize that a lot of these institutions can’t do anything with these dollars. They’ve got capital and liquidity issues that aren’t getting better. Furthermore, they can’t find places to loan out the money where they have much comfort.
So, yes, these dollars will one day get into circulation… but that could be a ways down the road given the fragility of their balance sheets.
October 14, 2010 at 4:41 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #618238davelj
ParticipantJust an idea… you could charge them a large deposit – say a few months’ rent – that they would get back on a pro-rated basis once the sale closed. That might mitigate some – but not all – of the hassle in case the funding disappears.
October 14, 2010 at 4:41 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #618325davelj
ParticipantJust an idea… you could charge them a large deposit – say a few months’ rent – that they would get back on a pro-rated basis once the sale closed. That might mitigate some – but not all – of the hassle in case the funding disappears.
October 14, 2010 at 4:41 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #618874davelj
ParticipantJust an idea… you could charge them a large deposit – say a few months’ rent – that they would get back on a pro-rated basis once the sale closed. That might mitigate some – but not all – of the hassle in case the funding disappears.
October 14, 2010 at 4:41 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #618994davelj
ParticipantJust an idea… you could charge them a large deposit – say a few months’ rent – that they would get back on a pro-rated basis once the sale closed. That might mitigate some – but not all – of the hassle in case the funding disappears.
October 14, 2010 at 4:41 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #619311davelj
ParticipantJust an idea… you could charge them a large deposit – say a few months’ rent – that they would get back on a pro-rated basis once the sale closed. That might mitigate some – but not all – of the hassle in case the funding disappears.
davelj
ParticipantI’m not saying he’s wrong, but… I’m filing this under: I’m Talking My Own Book, By the Way.
davelj
ParticipantI’m not saying he’s wrong, but… I’m filing this under: I’m Talking My Own Book, By the Way.
davelj
ParticipantI’m not saying he’s wrong, but… I’m filing this under: I’m Talking My Own Book, By the Way.
davelj
ParticipantI’m not saying he’s wrong, but… I’m filing this under: I’m Talking My Own Book, By the Way.
davelj
ParticipantI’m not saying he’s wrong, but… I’m filing this under: I’m Talking My Own Book, By the Way.
October 14, 2010 at 3:06 PM in reply to: Daily Show – Mortgage Bankers Association strategically defaults #618890davelj
Participant[quote=sdduuuude][quote=davelj]What business does a professional association have BUYING a fucking building in the first place?[/quote]
Wasn’t it a good time to BUY or SELL a building ?[/quote]
Good point. Fits in with:
Brokerage Axiom #1: It’s always a good time to buy or sell any asset on which a commission is being paid.
Brokerage Axiom #2: If in doubt, refer to Axiom #1.
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