Economics and Investing:
The latest spike: St. Louis Fed Adjusted Monetary Base (BASE). With massive monetization still underway, the key question is :at what point will come the transition from deflation to mass inflation? I suspect fairly soon… ‘Plan for an economic 9/11’: Analysts warn Americans to buy guns and gold, predicting market crash and street riots within a year Home prices fell in December in most US cities. Survey: Prices fell in 18 of 20 US cities in final months of 2011, prices back to 2002. (Thanks to C.D.V. for the link.) R.C. sent this: S&P declares Greek ‘selective default’ after bailout …