Mr Pasadena

Dollar's Decline a Crisis of Solvency - Not Liquidity

This is really going to eventually hurt everyone, if not already. Inflation is real. If the Fed and our US government just let the market speak, then this will be just a short and quick downturn. The start of this crisis is real estate. Not commercial or business activity. It started with people living on credit from their ATM house. For those of us that have real savings, we are looking at lower home pricing and then spending our money on a new home purchase. That will definitely jump start the economy. There are millions of us prune and cautious people that did not get caught in the real estate ponzi scheme. But we are not going to spend our hard earn money on someone else's mistake of overpaying for real estate. Bernanke, let the prices fall and I will spend again.