Forum Replies Created
-
AuthorPosts
-
The-Shoveler
ParticipantIf the fed does what I think they will do its all moot anyway LOL, move along same old same old nothing to see here.
Thought for the day, your 401k does not need to go down to lose value.
ParticipantWhen you look at the red hot Job market etc…
In my mind You have to ask, Will the Fed really do what would be required to tame inflation.Will they really really do it.
ParticipantI guess my main point is the fed (and TPTB) seem to be deathly afraid of any economic downturn lasting more that a few months, before 2008 you could have a recession, not anymore it seems.
IMO anyway.Participant[quote=Rich Toscano][quote=sdrealtor]
The part that I think is hard to argue against is the fed stepping in and bolstering the economy rather than let it crash.[/quote]That wasn’t the argument though… it was that the Fed would act to prevent a stock market crash, inflation be damned. (Or that’s how I read it anyway).[/quote]
Yep that was pretty much it, but I would throw housing and the economy in with stocks as well.
I Could be wrong, maybe they will thread the needle just right. Should be interesting either way.
ParticipantHmm how would the fed step in without firing up more inflation?
But maybe a deflation of sorts would set in if a downturn started, then I think we would come full circle and be back where we started.
ParticipantSure now that we are onto their game plan they will have to change Just kidding LOL.
I don’t know an economic downturn starts developing and push comes to shove I guess we will see like you said.
ParticipantIMO I still maintain that from now on no long term crash will ever be allowed to happen ever again.
The fed will just fire up the money printing presses, buy bonds to lower rates and send out stupefying amounts of helicopter money.
Only play they seem to know.
Inflation be damnedParticipant[quote=jmw]Pull out as much cash as you can with a new mortgage. Build an ADU in the back. And live large in St. Thomas with the rest. When you run out of cash, move back into the ADU and keep renting the main home. Win-Win.[/quote]
LOL +1 (if just for the fantasy of thinking about it)
Although I think I would still constantly worry about sea level rise LOL.
January 12, 2022 at 4:23 PM in reply to: HOA management firms worth it? Update CC&Rs after 40 years? #823729ParticipantFrom my experience it would surprise me if the HOA did not spend all the money every year no matter how high the dues are.
ParticipantA late retirement followed by an early death are probably my best option in the current environment LOL.
ParticipantMy crystal ball seems to have a defect (or two).
Still working on getting my quantum eraser working though.Not really a big Climate change believer (or denier) but If I was living too close to sea level I would always be watching the Antarctic glaciers in case I needed to get to higher ground LOL.
The Above said, I think I would always want to own something on the west coast, I think a better question is where you think homes will be in 10 years (time goes by incredibly fast).
ParticipantGood News, they are talking about another round of covid helicopter money !! (because of Omicron surge)
FREEEEEEEEE!!I guess maybe it was because the stock market took a bit of a tumble today so that shook them up a bit (can’t allow that to occur LOL).
ParticipantHelicopter money does not seem to be a left or right thing anymore (but each side will complain about it if the other is doing it).
I maintain, in the face of a downturn nothing else seems to matter except to stop it at all costs anymore, TPTB just seem deathly afraid of that possibility. 15 years ago it seemed downturns were just accepted as part of the economic cycle, but now for some reason it seems they cannot be allowed.
ParticipantIMO TPTB seem deathly afraid of any type of downturn,
At first sign I think they will throw the printing presses into high gear followed by shocking amounts of free helicopter money.
Could be wrong but after 2008 there seems to be no stomach for downturns.
-
AuthorPosts