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InvisibleLunarEclipse
Enlil's Official Story
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Registered: 10/31/04
Posts: 21,407
Loc: Building 7
Re: Why do we increase the supply of money? [Re: afoaf]
    #7740213 - 12/10/07 11:55 AM (16 years, 1 month ago)

"It's the lure of easy money, it's the remuddlers blues..."


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Anxiety is what you make it.


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OfflineBrAiN
Art Fag
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Registered: 03/01/01
Posts: 6,875
Loc: Chocolate City
Last seen: 2 years, 5 months
Re: Why do we increase the supply of money? [Re: afoaf]
    #7740224 - 12/10/07 11:58 AM (16 years, 1 month ago)

Haha true.

I like HGTV. They give you the REAL deal on flipping houses and show you all the massive headaches people go through, as well as give you the actual numbers (including the amount people had to pay in mortagages and shit while their house sat on the market). Sometimes the stories aren't too happy.

I'm kind of irritated at the prices of the condos I live in. In my county.. the prices of homes are gowing up a bit, but my condos... ugh.... I bought mine in the low 200's and all the others around me for sale in my neighborhood were around the same. The one across from me is now at 140! WTF. Not good for me. The one downstairs from me was on the market forever. Thank God the dude finally took it off and rented it. Good thing not to have a low priced place right next to you.

It's weird too. My area is safe.. next to a park... walking distance to a lot of shit... lot of commercial construction going on nearby.

I guess people suddenly decided to just STOP buying condos in the DC area.

Good thing I plan on living here at least 2-3 years.


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InvisibleLunarEclipse
Enlil's Official Story
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Registered: 10/31/04
Posts: 21,407
Loc: Building 7
Re: Why do we increase the supply of money? *DELETED* [Re: BrAiN]
    #7740246 - 12/10/07 12:05 PM (16 years, 1 month ago)

Post deleted by LunarEclipse

Reason for deletion: no



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Anxiety is what you make it.


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OfflineBrAiN
Art Fag
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Registered: 03/01/01
Posts: 6,875
Loc: Chocolate City
Last seen: 2 years, 5 months
Re: Why do we increase the supply of money? [Re: LunarEclipse]
    #7740258 - 12/10/07 12:08 PM (16 years, 1 month ago)

Yea man... nothing wrong with making money in the misfortune of others.. someone has to clean up the mess ya know? As long as I ain't the one screwing ppl over.


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OfflinePhred
Fred's son
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Registered: 10/18/00
Posts: 12,949
Loc: Dominican Republic
Last seen: 9 years, 18 days
Re: Why do we increase the supply of money? [Re: BrAiN]
    #7740809 - 12/10/07 02:04 PM (16 years, 1 month ago)

BrAiN writes:

Quote:

Can you give me just a single example of a problem caused by deflation? I'm curious.




No one wants to lend money.

While wikipedia has serious flaws, there are times when it's a good place to start. Check out http://en.wikipedia.org/wiki/Deflation

It'll tell you all you need to know.




Phred


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