| Author |
 Topic  |
|
|
Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 05/16/2010 : 20:55:47
|
|
You must be logged in to see this link.
|
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
|
|
Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 05/16/2010 : 22:07:01
|
Hmmm. All 5 of his example involve credit. Too many years of too easy credit. 4 of them real estate related.
It is possible to have inflation and deflation at the same time. Anything that has to be produced with less valuable dollars will cost more. Anything that is a used consumer item that wears will go down in value. It goes down because consumers have less of their income to spend because of rising costs of food, taxes, utilities, clothes, etc...
The real estate correction is far, far from over. Housing was (and still is) absurdly overpriced because of too easy credit. It will never get back to those prices again, at least not in the life time of anybody reading this post. Not with the median wage declining and property taxes going up... Not with the rising cost of living consuming more of the declining wages. Not without more subprime lending...
|
 |
|
|
brian0918
Penny Collector Member
USA
315 Posts |
Posted - 05/17/2010 : 07:44:27
|
| The government could certainly cause short-term deflation in reaction to observed inflation, but eventually they will have to resort to further inflation to "pay off" our country's debts. Either that or some combination of inflation, huge tax increases, massive reduction in benefits, and *gasp* debt restructuring. |
"The man who speaks to you of sacrifice, speaks of slaves and masters. And intends to be the master." -- Ayn Rand
Searched: $2230 Nickels; Liberty: 1; Buffalo: 4; War: 20; 2009: 2; 2010D: 8 |
|
|
| |
Topic |
|
|
|
Signs of deflation you might not be able to see
Forum Locked
