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Because even if you print enough money, at certain points if the deflation gets significant enough that it is noted by the lumpeninvestoriat: 1. They stop spending $ and hoard it 2. The banks stop loaning $ and hoard it, making it effectively not enter circulation. And then it doesn't...

Fed will do anything to avoid a Japanese style deflation at all costs, as will the current administration. 1) War 2) Helicopter Ben 3) Currency Devaluation 4) Illegal immigration encouraged All are meant to stave off the malaise of europe and japan where declining birth rates and...

Those of us with FRN CEF's might want to start watching a little more closely. I'm waiting for the FED to actually drop rates once before I clear out my position in these, but some people have been lightening up. Go long shorter term zeroes. Wait until hike. Switch back into Floaters...

Central FL - Winter Park 2br 1ba 1200sf fixer upper OFFERED $35K BELOW APPRAISAL! Notable in that here in central florida, the house 'appraises' basically at what the transaction price is (minus a little bit maybe). Essentially advertising to the world that you bought too high and now...

*Bingo*... give the man a kewpie doll. I've said the same in similar words.

1976 Lincoln Continental. Slept 6. Died in 1993 on the hottest day of the year in Westchester - caught on fire after 200k miles. Last time I did my own work on a car... :D Was replaced by a 1984 buick century which lasted 3 days before the engine cracked and oil leaked out while...

Dude. That $1800/month was not too long after 9-11, when nobody wanted to live down by battery park city and the WTC site. Not a realistic comparison. I'm sure land near Chernobyl is cheap too, but I'm not sure I would want to buy it.

The sad fact is, that with the degree of illegal labor in this country, that the hike in the minimum wage will only make the illegals willingness to work wages under that level that much more competitive. However, a signed bill of this nature will almost assuredly guarantee wage inflation (by...

Why be worried? Be diversified out of the dollar.

I got no strong idea on where this will find a bottom. Still suspect that its below 540 (like everyone else) but this price action making it sit right here at 615 is odd. Currently no clue - flat.

LOL... "The first thing we do, let's kill all the lawyer" - w. shakespear, Henry VIII becomes "the first thing we do,let's kill all the bankers." - D. Lipshitz, "Ben and Alan - a love story" Not advocating this in any way, as I was once a banker and would certainly fail the "banking...

Maybe. Probably in a lot of people's situations, a decline in the USD wouldn't be quite so bad. Yes, you would have trouble with your european and japanese imports, and it might be pricey to get a new 60" flat screen (updated model) for a few years, or some high end ligne roset furniture...

Yup. Lockstep. Strange. All red or all green days. Its all about liquidity.

I think that it is a done deal that we hit 8% 30 year mortgage rates by 18 months. We're already at 6.5%, so with some pain in the housing market, and a return of the risk premium (possibly along with fannie mae reform or other legislative influences to curb borrowing) this isn't too silly. Up...

umm.... did you read the last paragraph of that item?

Infrastructure expansion/revision being saved for a depression scenario where people need to be put to work in some NRA type deal. Just my opinion.

I don't see what the hell that has to do with sh-t from shinola - apologies for the language.

We have a ridiculous prison population in the states, many of whom are in due to mandatory sentencing laws. A fertile field ripe for the picking. Do your tour, and your crime is expunged. Harder criminals just get trained as special forces. :D

$675 so far in asia.

There is a real difference between credentialing and education. Currently, we credential. Education is, more and more, something you pick up on the way. Very sad state of affairs.