This is the inflationary paper. It can work for many years. The more it works the more people start to trust that it will always work. If enough of it exists it can cover almost anything. Our entire system is built on this one simple concept: volume.
This is the stagflationary rock. Oh how we hate these things! We try to cover them with paper as best we can, but that only works for a little while. Eventually, the paper gets a bit worn out and the rock starts showing through! Evil!!
These are the deflationary scissors. Rocks can hurt scissors but the rocks apparently believe that the enemy of their enemy is their friend. There are some rocks which laugh with evil intent as the scissors do their job! Why? Why must they do this!!
Source: Rocks, Paper, Scissors
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
11 hours ago
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