| They do exist. Housing prices inflation is another soft-soapy bubble, IMO. | ![]() | ||
| Re: Re: Government takes the big suckers? Legal tax avoidance by going solar. -- Silverfox | Post Reply | ![]() |
Forum |
|
Posted by: DWA 03/25/2008, 13:34:43 (About author)
Edit |
DWA:"suckers" FF:"whoreship " Silver:"prostitutes do! "
I do get the feeling that FF's economic doctrine/dogma does deviate from (my) common sense, but am willing to continue listening. Some times I have severely disagreed with you on currency values/economics, after all. Just not lately. In brief: Perceptions and interpretation do not necessarily equal scientific reality. Oddly, human beliefs affect reality itself, in things like economics. Sen. John McCain is on t.v. at this moment talking about the bubble in housing prices, where prices were increasing as much as (I heard him say) 50% per year over the past 5 years or so, in the USofA. *Honest* people (where?) wouldn't expect to get rich on something as simplistic as that housing prices bubble. In my own experience, piano cases, cement blocks, used plywood, chamber pots, nails and tarpaper just have not inflated at those incredible rates. I have little sympathy for pure speculators who buy more shelter than they actually need, or can afford. To run whining to the Democratic party, which seems to be pretending to be able to solve the basic malady, or to even be sympathetic, is laughable. Naturally, the real swindlers along with unrealistic non-forthright politicians may be the people who are buying houses they can't afford, because they will actually lean on government for inflationary (tax supported) remedies that reward the careless and reckless. That is, they actually expect to be able to pay off their horrendous mortgages with inflated paper money, and therefore don't mind inflation. |
| Post Reply | Email Friend | Alert |
|
Previous | Next | Current page |