johnnybigspenda

Housing Is Moving Towards Disaster

if the .gov has their way, the 'dumb money' (ie. people who we are calling dumb for buying a house in 2009 ) will be rewarded, while those with cash reserves and prudent planning will be penalized... the .gov's policy of bailouts (to relieve the short term pain to some extent) will eventually (relentlessly) lead to inflation... I'm afraid they won't stop until we hit a couple years of double digit inflation.... all that debt magically disappears and TA DA! their taxpayers all all wealthy again! I love this game! (now go and be a good taxpayer and buy a house!)