Odds ‘n Sods:

US Home Prices Fell in 2007 for First Time in Decades

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Eric sent us this piece that squares nicely with my comments yesterday: Central Bankers Confront A New Inflation Calculus

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Richard G. sent a link to this recent front page Wall Street Journal article: In a World Short Of Oil, Provisions Must Be Made. Richard’s comment: “While the major media is starting to admit to peak oil, I was somewhat surprised that the WSJ would run this piece about stockpiling food, starting relocalization networks, storing gasoline and propane, buying and storing physical gold, growing gardens, using bikes and horses for transportation, and even relocating . They also have a three minute video interviewing Mr. Wissner on the WSJ.com web site.”