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Land Market
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buckeye
Posted 8/3/2010 19:36 (#1299772 - in reply to #1299563)
Subject: Re: Land Market



I can appreciate the tone on here that says, "be careful of margin squeezes that come out of nowhere". Because I feel one way or another we are going to be tested.

But I just don't see deflation for the next 3-5 years. We have what austrian economists call fiat money. The history of every fiat currency? Answer: It gets destroyed.

There is no better place to be than in tangible assets. Most in our society don't have a clue to how wealth is created. Savings and investment and manufactuing.

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