winners and losers under hyperinflation in Germany

[Mr Pain]

Quote from NumLock:

do you honestly believe Asians are stupid like they are shown in 1980s Hollywood movies.

They won't be buying forever. There was a leak 9 months ago that FED is buying its own bonds incognito

I'll see if I can dig it up from ET underbelly

Wasn't the Fed buying them?

 

[peilthetraveler]

Quote from Debaser82:

I've read a story how one guy bought an entire 5 floor hotel for 1 golden ounce...

Would that qualify as coming out as a winner in your book?

But apart from that, obviously I agree.

Not quite as good, but here is a 4 floor in detroit for less than 17oz of gold($20k) It has 60 units. After hyperinflation, you might get it for 1 oz of gold.

http://www.loopnet.com/xNet/MainSit...?LID=16546309&SRID=918329941&StepID=101&jli=y

You might have to subscribe to view that, so here is a pic if you dont want to.

 

[NumLock]

Quote from peilthetraveler:

Not quite as good, but here is a 4 floor in detroit for less than 17oz of gold($20k) It has 60 units. After hyperinflation, you might get it for 1 oz of gold.

freakin unbelievable that's a good size solid building

 

[Kassz007]

Quote from Mr Pain:

Wasn't the Fed buying them?

In April 2010 China increased its holdings. So obviously they are not to the breaking point yet.

 

[NumLock]

Quote from Kassz007:

In April 2010 China increased its holdings. So obviously they are not to the breaking point yet.

Kass my "dear" and "valued" friend

Would you care to comment on your view of FED bank notes and interest attached to every dollar printed.

Please go on record so that we may finally establish if you are a Government/AIPAC paid shill.

 

[NumLock]

Quote from NumLock:

Kass my "dear" and "valued" friend

Would you care to comment on your view of FED bank notes and interest attached to every dollar printed.

Please go on record so that we may finally establish if you are a Government/AIPAC paid shill.

Kass would it help if I told you I am Jewish and that this is one Jew asking another.

Just between us (wink wink)

 

[Scataphagos]

Quote from Debaser82:

I've read a story how one guy bought an entire 5 floor hotel for 1 golden ounce...

Would that qualify as coming out as a winner in your book?

Maybe. If nobody else has money to utilize the hotel, what good is it to the fortunate buyer? What about taxes and upkeep?

But yes, there will be a very few who own enough of the right things coming out the other side who will be in good shape. But if only .1$ or .001% of the people have money "nearly" all citizens are bankrupt.

 

[peilthetraveler]

Quote from NumLock:

freakin unbelievable that's a good size solid building

Rent the rooms out at $25 per week and the building pays for itself in about 4 months. Inside needs a little work though...