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To: ThePythonicCow

“Long term, yes, deflate assets, or inflate money.”

Their stinking baikout will probably do both.

If they print the money, the minute it hits the banks it becomes 7 trillion at a minimum which will bring on wholesale inflatiom.

If they sell the property they bought for what they paid for it we still actually take a 50% loss because if the depreciated dollar rhat they sold it for.

I guess it’s time to turn money into hard assets that will follow the value of the dollar in purchasing power.


21 posted on 09/24/2008 9:39:21 PM PDT by dalereed
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To: dalereed
That's what I'd recommend, and what I've been doing myself.
24 posted on 09/24/2008 11:03:27 PM PDT by ThePythonicCow (By their false faith in Man as God, the left would destroy us. They call this faith change.)
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