Three Letters Re: Some ARM Twisting in the Near Future
James, I wanted to help explain some of the upside to general hyper-inflation. This current well managed hyper-inflation that has been rolling strong since about 1995 went first into the financial markets and then after the dot-com-9-11 went into the overheated housing market,. This inflation is a result of the massive infusion of dollars through fractional reserve bank financing creating new money by loaning out non-existent money. We can likely expect the dollar value of homes to not drop too far if this alleged bubble pops as the fed much like in Australia and the UK central banks try to …