[mrwrong]

I wouldn’t read too much into this one listing. Judging from its location on the map, this is definitely not “mainstream” CV and from the picture, it does not look like it has over one acre of usable land.

Mr. Wrong

[mrwrong]

barnaby33, you are correct that the conventional monetary easing (i.e. lowering the FED fund rate) will not help in a truly deflationary environment. The FED can lower the interest rate to zero and banks still wouldn’t lend. However, the current FED chairman has said many times that he is willing to use unconventional methods.

Another quote possible outcome is stagflation, where we have a deflation in asset prices and inflation in everyday living costs, like 70’s. I’m not sure what the FED would do under such a scenario given their mandate to maintain price stability while maximizing employment. The US economy will probably just muddle through.

Mr. Wrong

[mrwrong]

barnaby33, you are correct that the conventional monetary easing (i.e. lowering the FED fund rate) will not help in a truly deflationary environment. The FED can lower the interest rate to zero and banks still wouldn’t lend. However, the current FED chairman has said many times that he is willing to use unconventional methods.

Another quote possible outcome is stagflation, where we have a deflation in asset prices and inflation in everyday living costs, like 70’s. I’m not sure what the FED would do under such a scenario given their mandate to maintain price stability while maximizing employment. The US economy will probably just muddle through.

Mr. Wrong

[mrwrong]

barnaby33, you are correct that the conventional monetary easing (i.e. lowering the FED fund rate) will not help in a truly deflationary environment. The FED can lower the interest rate to zero and banks still wouldn’t lend. However, the current FED chairman has said many times that he is willing to use unconventional methods.

Another quote possible outcome is stagflation, where we have a deflation in asset prices and inflation in everyday living costs, like 70’s. I’m not sure what the FED would do under such a scenario given their mandate to maintain price stability while maximizing employment. The US economy will probably just muddle through.

Mr. Wrong

[mrwrong]

barnaby33, you are correct that the conventional monetary easing (i.e. lowering the FED fund rate) will not help in a truly deflationary environment. The FED can lower the interest rate to zero and banks still wouldn’t lend. However, the current FED chairman has said many times that he is willing to use unconventional methods.

Another quote possible outcome is stagflation, where we have a deflation in asset prices and inflation in everyday living costs, like 70’s. I’m not sure what the FED would do under such a scenario given their mandate to maintain price stability while maximizing employment. The US economy will probably just muddle through.

Mr. Wrong

[mrwrong]

barnaby33, you are correct that the conventional monetary easing (i.e. lowering the FED fund rate) will not help in a truly deflationary environment. The FED can lower the interest rate to zero and banks still wouldn’t lend. However, the current FED chairman has said many times that he is willing to use unconventional methods.

Another quote possible outcome is stagflation, where we have a deflation in asset prices and inflation in everyday living costs, like 70’s. I’m not sure what the FED would do under such a scenario given their mandate to maintain price stability while maximizing employment. The US economy will probably just muddle through.

Mr. Wrong

[mrwrong]

For those who are sure deflation will be the outcome, it is important to keep in mind that in a fiat monetary system, central bank can always generate inflation if it wants to. So the real debate is if things get really bad such as serious deflation taking place, is it politically acceptable to print money to generate inflation? I don’t know the answer to this question. If I had to guess, I would say yes. If a serious deflation in fact happens, nobody wins, not even the prudent renters.

Also, the current FED chairman is not a stupid guy. He spent a considerable amount of his career studying the Great Depression. With the new auction system FED introduced lately, he has shown his willingness to try new things to handle a crisis.

Mr. Wrong

[mrwrong]

For those who are sure deflation will be the outcome, it is important to keep in mind that in a fiat monetary system, central bank can always generate inflation if it wants to. So the real debate is if things get really bad such as serious deflation taking place, is it politically acceptable to print money to generate inflation? I don’t know the answer to this question. If I had to guess, I would say yes. If a serious deflation in fact happens, nobody wins, not even the prudent renters.

Also, the current FED chairman is not a stupid guy. He spent a considerable amount of his career studying the Great Depression. With the new auction system FED introduced lately, he has shown his willingness to try new things to handle a crisis.

Mr. Wrong

[mrwrong]

For those who are sure deflation will be the outcome, it is important to keep in mind that in a fiat monetary system, central bank can always generate inflation if it wants to. So the real debate is if things get really bad such as serious deflation taking place, is it politically acceptable to print money to generate inflation? I don’t know the answer to this question. If I had to guess, I would say yes. If a serious deflation in fact happens, nobody wins, not even the prudent renters.

Also, the current FED chairman is not a stupid guy. He spent a considerable amount of his career studying the Great Depression. With the new auction system FED introduced lately, he has shown his willingness to try new things to handle a crisis.

Mr. Wrong

[mrwrong]

For those who are sure deflation will be the outcome, it is important to keep in mind that in a fiat monetary system, central bank can always generate inflation if it wants to. So the real debate is if things get really bad such as serious deflation taking place, is it politically acceptable to print money to generate inflation? I don’t know the answer to this question. If I had to guess, I would say yes. If a serious deflation in fact happens, nobody wins, not even the prudent renters.

Also, the current FED chairman is not a stupid guy. He spent a considerable amount of his career studying the Great Depression. With the new auction system FED introduced lately, he has shown his willingness to try new things to handle a crisis.

Mr. Wrong

[mrwrong]

For those who are sure deflation will be the outcome, it is important to keep in mind that in a fiat monetary system, central bank can always generate inflation if it wants to. So the real debate is if things get really bad such as serious deflation taking place, is it politically acceptable to print money to generate inflation? I don’t know the answer to this question. If I had to guess, I would say yes. If a serious deflation in fact happens, nobody wins, not even the prudent renters.

Also, the current FED chairman is not a stupid guy. He spent a considerable amount of his career studying the Great Depression. With the new auction system FED introduced lately, he has shown his willingness to try new things to handle a crisis.

Mr. Wrong

[mrwrong]

I’m not qualified to give financial advice, but if you trust your financial advisor, I will suggest you to talk to this guy about exactly what you are uneasy about your portfolio and see if he can do anything to make you comfortable again. Investment involves risks and everyone’s risk tolerance is different. It is important that your asset allocation reflects that.

Mr. Wrong

[mrwrong]

I’m not qualified to give financial advice, but if you trust your financial advisor, I will suggest you to talk to this guy about exactly what you are uneasy about your portfolio and see if he can do anything to make you comfortable again. Investment involves risks and everyone’s risk tolerance is different. It is important that your asset allocation reflects that.

Mr. Wrong

[mrwrong]

I’m not qualified to give financial advice, but if you trust your financial advisor, I will suggest you to talk to this guy about exactly what you are uneasy about your portfolio and see if he can do anything to make you comfortable again. Investment involves risks and everyone’s risk tolerance is different. It is important that your asset allocation reflects that.

Mr. Wrong

[mrwrong]

I’m not qualified to give financial advice, but if you trust your financial advisor, I will suggest you to talk to this guy about exactly what you are uneasy about your portfolio and see if he can do anything to make you comfortable again. Investment involves risks and everyone’s risk tolerance is different. It is important that your asset allocation reflects that.

Mr. Wrong

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