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faterikcartman
ParticipantI think it is inevitable that it will be in the government’s interest to devalue the dollar to pay back China with cheap money.
When the lent and printed money is actually spent and it floods the market each dollar’s value can’t help but be worth less as more dollars vie for the same pool of goods and services.
*WHEN* this happens, is the $20 trillion question, however, and I don’t have the answer, though I wish I did.
Even in recent months much money has been loaned/given/forgiven to many institutions but they have not done anything with the money so I don’t think we’ve seen any effects.
The uncertainty of future regulatory and tax burdens doesn’t help. And why, for example, would a bank risk money to make money in interest by lending when the government is keen to prop up their balance sheets without taking any risks?
Anyway, I’m afraid of being caught cash heavy — which is where we are now — and hope to buy sooner, rather than later.
But really, who knows what’s going to happen these days? To me, the stock market should be going down, yet it keeps going up. Based on what, exactly, I’m not sure, but there it is.
Good luck.
faterikcartman
ParticipantI think it is inevitable that it will be in the government’s interest to devalue the dollar to pay back China with cheap money.
When the lent and printed money is actually spent and it floods the market each dollar’s value can’t help but be worth less as more dollars vie for the same pool of goods and services.
*WHEN* this happens, is the $20 trillion question, however, and I don’t have the answer, though I wish I did.
Even in recent months much money has been loaned/given/forgiven to many institutions but they have not done anything with the money so I don’t think we’ve seen any effects.
The uncertainty of future regulatory and tax burdens doesn’t help. And why, for example, would a bank risk money to make money in interest by lending when the government is keen to prop up their balance sheets without taking any risks?
Anyway, I’m afraid of being caught cash heavy — which is where we are now — and hope to buy sooner, rather than later.
But really, who knows what’s going to happen these days? To me, the stock market should be going down, yet it keeps going up. Based on what, exactly, I’m not sure, but there it is.
Good luck.
faterikcartman
ParticipantI think it is inevitable that it will be in the government’s interest to devalue the dollar to pay back China with cheap money.
When the lent and printed money is actually spent and it floods the market each dollar’s value can’t help but be worth less as more dollars vie for the same pool of goods and services.
*WHEN* this happens, is the $20 trillion question, however, and I don’t have the answer, though I wish I did.
Even in recent months much money has been loaned/given/forgiven to many institutions but they have not done anything with the money so I don’t think we’ve seen any effects.
The uncertainty of future regulatory and tax burdens doesn’t help. And why, for example, would a bank risk money to make money in interest by lending when the government is keen to prop up their balance sheets without taking any risks?
Anyway, I’m afraid of being caught cash heavy — which is where we are now — and hope to buy sooner, rather than later.
But really, who knows what’s going to happen these days? To me, the stock market should be going down, yet it keeps going up. Based on what, exactly, I’m not sure, but there it is.
Good luck.
faterikcartman
ParticipantI think it is inevitable that it will be in the government’s interest to devalue the dollar to pay back China with cheap money.
When the lent and printed money is actually spent and it floods the market each dollar’s value can’t help but be worth less as more dollars vie for the same pool of goods and services.
*WHEN* this happens, is the $20 trillion question, however, and I don’t have the answer, though I wish I did.
Even in recent months much money has been loaned/given/forgiven to many institutions but they have not done anything with the money so I don’t think we’ve seen any effects.
The uncertainty of future regulatory and tax burdens doesn’t help. And why, for example, would a bank risk money to make money in interest by lending when the government is keen to prop up their balance sheets without taking any risks?
Anyway, I’m afraid of being caught cash heavy — which is where we are now — and hope to buy sooner, rather than later.
But really, who knows what’s going to happen these days? To me, the stock market should be going down, yet it keeps going up. Based on what, exactly, I’m not sure, but there it is.
Good luck.
faterikcartman
Participant[quote=sdrealtor]This sounds like a very different situation. HOA dues must be made current to complete a short sale and the seller might not have the money or be willing to part with it. Your example actually sounds legitimate and does not appear to involve payments directly to the seller unless there is something else going on that you didnt mention.[/quote]
This is one I’m glad to be wrong on then and good to know — thanks.
faterikcartman
Participant[quote=sdrealtor]This sounds like a very different situation. HOA dues must be made current to complete a short sale and the seller might not have the money or be willing to part with it. Your example actually sounds legitimate and does not appear to involve payments directly to the seller unless there is something else going on that you didnt mention.[/quote]
This is one I’m glad to be wrong on then and good to know — thanks.
faterikcartman
Participant[quote=sdrealtor]This sounds like a very different situation. HOA dues must be made current to complete a short sale and the seller might not have the money or be willing to part with it. Your example actually sounds legitimate and does not appear to involve payments directly to the seller unless there is something else going on that you didnt mention.[/quote]
This is one I’m glad to be wrong on then and good to know — thanks.
faterikcartman
Participant[quote=sdrealtor]This sounds like a very different situation. HOA dues must be made current to complete a short sale and the seller might not have the money or be willing to part with it. Your example actually sounds legitimate and does not appear to involve payments directly to the seller unless there is something else going on that you didnt mention.[/quote]
This is one I’m glad to be wrong on then and good to know — thanks.
faterikcartman
Participant[quote=sdrealtor]This sounds like a very different situation. HOA dues must be made current to complete a short sale and the seller might not have the money or be willing to part with it. Your example actually sounds legitimate and does not appear to involve payments directly to the seller unless there is something else going on that you didnt mention.[/quote]
This is one I’m glad to be wrong on then and good to know — thanks.
faterikcartman
Participant[quote=UCGal]Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:
“When in danger or in doubt, run in circles scream and shout!”
(in other words – panic. LOL.)[/quote]
A girl and a Heinlein fan? You should hang out with my wife.
faterikcartman
Participant[quote=UCGal]Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:
“When in danger or in doubt, run in circles scream and shout!”
(in other words – panic. LOL.)[/quote]
A girl and a Heinlein fan? You should hang out with my wife.
faterikcartman
Participant[quote=UCGal]Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:
“When in danger or in doubt, run in circles scream and shout!”
(in other words – panic. LOL.)[/quote]
A girl and a Heinlein fan? You should hang out with my wife.
faterikcartman
Participant[quote=UCGal]Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:
“When in danger or in doubt, run in circles scream and shout!”
(in other words – panic. LOL.)[/quote]
A girl and a Heinlein fan? You should hang out with my wife.
faterikcartman
Participant[quote=UCGal]Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:
“When in danger or in doubt, run in circles scream and shout!”
(in other words – panic. LOL.)[/quote]
A girl and a Heinlein fan? You should hang out with my wife.
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