The only way out of this recession is thru inflation. Unless the recovery take 5 years or so.
It might have taken 5 years with the bail out and tarp it will result in a global meltdown once the stimulus bubble pops.
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The only way out of this recession is thru inflation. Unless the recovery take 5 years or so.
The only way out of this recession is thru inflation. Unless the recovery take 5 years or so.
It might have taken 5 years with the bail out and tarp it will result in a global meltdown once the stimulus bubble pops.
I think inflation is what we need.
☭proletarian☭;1923302 said:I think inflation is what we need.
You're retarded. An inflated monetary supply is never a good thing.
☭proletarian☭;1923302 said:I think inflation is what we need.
You're retarded. An inflated monetary supply is never a good thing.
It is if you are faced with deflation which is a much worse alternative.
If the cost of homes was going up, we would have no problems.
Why should the cost of homes be going up?If the cost of homes was going up, we would have no problems.
Why should the cost of homes be going up?If the cost of homes was going up, we would have no problems.
Fairy tales and pixie dust are all you have to offer.
☭proletarian☭;1923302 said:I think inflation is what we need.
You're retarded. An inflated monetary supply is never a good thing.
It is if you are faced with deflation which is a much worse alternative.
If the cost of homes was going up, we would have no problems.
Housing is still overpriced considering the employment and economic situation.
Deflating the monetary supply increases the value of the means of exchange, if the means of exchange truly has any value in the first place.☭proletarian☭;1923302 said:I think inflation is what we need.
You're retarded. An inflated monetary supply is never a good thing.
It is if you are faced with deflation which is a much worse alternative.
If the cost of homes was going up, we would have no problems.
If it is a temporary debt they can and will pay off per a sound contract, then it is of no major concern.☭proletarian☭;1923302 said:You're retarded. An inflated monetary supply is never a good thing.
It is if you are faced with deflation which is a much worse alternative.
If the cost of homes was going up, we would have no problems.
so people going deeper into debt to buy a home is a good thing?
☭proletarian☭;1926961 said:If it is a temporary debt they can and will pay off per a sound contract, then it is of no major concern.It is if you are faced with deflation which is a much worse alternative.
If the cost of homes was going up, we would have no problems.
so people going deeper into debt to buy a home is a good thing?
If it takes30 years to pay it off and large numbers ofpeople never pay it off at all, then one must ask if it was very sound in the first place, mustn't they? Did you miss that caveat?☭proletarian☭;1926961 said:If it is a temporary debt they can and will pay off per a sound contract, then it is of no major concern.so people going deeper into debt to buy a home is a good thing?
Yeah 30 years is just temporary.
imho The main cause of the housing bubble was the conversion of homes to live in to investments and collateral for equity loans.
And auto loans are now up to what 72 months?