Inflation is running about 1% and falling, the housing market is not good [how much of that is seasonal?], rates are rising... Can the Fed fend off deflation?
http://www.opednews.com/
http://www.opednews.com/
Deflation...
- Thread starter Fractals 'R Us
- Start date
What do you mean by "deflation"? Falling housing prices?
IMO, houses are over-priced. Half the buildings in NYC are empty. Both commercial and residential. They rely on marketing new construction or renovation projects to maintain prices.
IMO, houses are over-priced. Half the buildings in NYC are empty. Both commercial and residential. They rely on marketing new construction or renovation projects to maintain prices.
a downtrending stock market is deflationary..
Asset prices are on the rise... This is the beginning phase
http://en.wikipedia.org/wiki/Austrian_business_cycle_theory
"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of the voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved"
Asset prices are on the rise... This is the beginning phase
http://en.wikipedia.org/wiki/Austrian_business_cycle_theory
"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of the voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved"
really? Based on what? I own a single room s***le in appartment building in a middle of nowhere in russia. Nothing but cold, dirt and no sun.no jobs either. Inflation 15+%. If I sell it today-it worth 50-60k. I can buy a decent single house in US somewhere in NC or even Florida. Still think US house market is overpriced? Maybe It is , but for Us citizens.NYC is not US. It might reflects general economic climate in US (no so business friendly)
I really don't know where the gov comes up with their inflation figs. I simply ask myself the question if the $ goes as far now. Simple answer NO! Smoke and mirrors to keep inflating the market to have the perceived wealth affect.
Pretty soon they r going to start to measure cpi ex food, energy, cars, housing, airline tix, tuition, disney world and movie tickets, appliances. The number is a joke.
It sure helps their balance sheet
