Forum Replies Created
-
AuthorPosts
-
pencilneck
Participantthe National Association of Realtors is fun:
http://www.realtor.org/press_room/index.htmlI almost posted this link by mistake:
http://www.nar.org/(edit: and neither links are blogs. My bad)
Participantthe National Association of Realtors is fun:
http://www.realtor.org/press_room/index.htmlI almost posted this link by mistake:
http://www.nar.org/(edit: and neither links are blogs. My bad)
Participantthe National Association of Realtors is fun:
http://www.realtor.org/press_room/index.htmlI almost posted this link by mistake:
http://www.nar.org/(edit: and neither links are blogs. My bad)
ParticipantThe Pandora’s Box of the housing correction has been opened, and once released I don’t think it will be easy to stuff the very rapidly expanding negative sentiment back in.
If they had raised the conforming limit 2 years ago they could have kept the bubble alive a bit longer (and the eventual outcome even worse).
ParticipantThe Pandora’s Box of the housing correction has been opened, and once released I don’t think it will be easy to stuff the very rapidly expanding negative sentiment back in.
If they had raised the conforming limit 2 years ago they could have kept the bubble alive a bit longer (and the eventual outcome even worse).
ParticipantThe Pandora’s Box of the housing correction has been opened, and once released I don’t think it will be easy to stuff the very rapidly expanding negative sentiment back in.
If they had raised the conforming limit 2 years ago they could have kept the bubble alive a bit longer (and the eventual outcome even worse).
ParticipantThe Pandora’s Box of the housing correction has been opened, and once released I don’t think it will be easy to stuff the very rapidly expanding negative sentiment back in.
If they had raised the conforming limit 2 years ago they could have kept the bubble alive a bit longer (and the eventual outcome even worse).
ParticipantThe Pandora’s Box of the housing correction has been opened, and once released I don’t think it will be easy to stuff the very rapidly expanding negative sentiment back in.
If they had raised the conforming limit 2 years ago they could have kept the bubble alive a bit longer (and the eventual outcome even worse).
ParticipantBoth is my opinion too.
The problem with the classical deflationary argument is that it only works if the currency can hold value while the economy is doing poorly. A currency based on gold, for example, can do this.
The value of a currency based upon imagination and wishfull thinking can fall even while true deflation via debt destruction is occuring.
In Argentina, for example, they recently had a banking crisis that caused very much money to evaporate. This is deflationary in the monetary sense. However, as faith was lost in the currency(both nationally and internationally) the value of the currency dropped as well. Meaning that prices continued to rise even while deflation was occuring faster the ability to create new money.
The debt crisis in the U.S. is deflationary in the monetary sense. But we are also seeing both true inflation in other areas and a lack of confidence in the dollar.
ParticipantBoth is my opinion too.
The problem with the classical deflationary argument is that it only works if the currency can hold value while the economy is doing poorly. A currency based on gold, for example, can do this.
The value of a currency based upon imagination and wishfull thinking can fall even while true deflation via debt destruction is occuring.
In Argentina, for example, they recently had a banking crisis that caused very much money to evaporate. This is deflationary in the monetary sense. However, as faith was lost in the currency(both nationally and internationally) the value of the currency dropped as well. Meaning that prices continued to rise even while deflation was occuring faster the ability to create new money.
The debt crisis in the U.S. is deflationary in the monetary sense. But we are also seeing both true inflation in other areas and a lack of confidence in the dollar.
ParticipantBoth is my opinion too.
The problem with the classical deflationary argument is that it only works if the currency can hold value while the economy is doing poorly. A currency based on gold, for example, can do this.
The value of a currency based upon imagination and wishfull thinking can fall even while true deflation via debt destruction is occuring.
In Argentina, for example, they recently had a banking crisis that caused very much money to evaporate. This is deflationary in the monetary sense. However, as faith was lost in the currency(both nationally and internationally) the value of the currency dropped as well. Meaning that prices continued to rise even while deflation was occuring faster the ability to create new money.
The debt crisis in the U.S. is deflationary in the monetary sense. But we are also seeing both true inflation in other areas and a lack of confidence in the dollar.
ParticipantBoth is my opinion too.
The problem with the classical deflationary argument is that it only works if the currency can hold value while the economy is doing poorly. A currency based on gold, for example, can do this.
The value of a currency based upon imagination and wishfull thinking can fall even while true deflation via debt destruction is occuring.
In Argentina, for example, they recently had a banking crisis that caused very much money to evaporate. This is deflationary in the monetary sense. However, as faith was lost in the currency(both nationally and internationally) the value of the currency dropped as well. Meaning that prices continued to rise even while deflation was occuring faster the ability to create new money.
The debt crisis in the U.S. is deflationary in the monetary sense. But we are also seeing both true inflation in other areas and a lack of confidence in the dollar.
ParticipantBoth is my opinion too.
The problem with the classical deflationary argument is that it only works if the currency can hold value while the economy is doing poorly. A currency based on gold, for example, can do this.
The value of a currency based upon imagination and wishfull thinking can fall even while true deflation via debt destruction is occuring.
In Argentina, for example, they recently had a banking crisis that caused very much money to evaporate. This is deflationary in the monetary sense. However, as faith was lost in the currency(both nationally and internationally) the value of the currency dropped as well. Meaning that prices continued to rise even while deflation was occuring faster the ability to create new money.
The debt crisis in the U.S. is deflationary in the monetary sense. But we are also seeing both true inflation in other areas and a lack of confidence in the dollar.
ParticipantThere may not currently be “stages” whereby you’ve proven yourself to be entrusted with more information, but until about 500 years ago there certainly were such stages. The church sort of really resisted us commoners nosing in on their monopoly on the holy word of god for about a thousand years before that.
-
AuthorPosts
