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Housing market gonna take a dump in the next year?

FelixstoweF.2 said:
That would collapse all banking genius.
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you'rewinner.jpeg
since you seem to be looking for a medal or trophy or something
 
Reposting again, maybe a cartoon will someday wake up the Felixtards of the world.

 
FelixstoweF.2 said:
So, why then do monopolies other than so-called natural monopolies fight anti-monopoly regulation tooth and nail? I'm sure AT&T and Standard Oil might not be big fans of anti-trust laws....

hbr.org

The Rise, Fall, and Rebirth of the U.S. Antitrust Movement

Antitrust in the U.S. is now undergoing disruption. We may be witnessing the rise of the fifth cycle — namely a progressive, anti-monopoly, New Brandeis School. An emerging group of young scholars are inquiring whether we truly benefited from competition with little antitrust enforcement. The...
hbr.org hbr.org
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You got the wit and mental agility of a fence post
 
FelixstoweF.2 said:
Ah, I see you've lost again... Tell me again how monopolies love regulation?
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They live regulations that limit their competition. A lot of industries are controlled by only a handful of players and the governmental regulatory agency that oversees that industry either throws up their hands and lets the major players essentially police themselves or they become a revolving door of people who bounce between the regulatory agency and the major players... or both. Long story short, our governmental regulation agencies often become enforcement agencies for the desires of the major players.
 
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Projectjunkie said:
GC3hCO1aYAAZKlc.jpg
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I thought all of you were for the growing vibrant capitalist economy???? What do you think would happen to money if you suddenly said the M1 money supply all liquid currency cash assets were frozen at some arbitrary number say $100 trillion dollars. Now because you're M1 supply is fixed at $100 trillion you new problem is that doesn't account for CD's like M2 does. So you might have another $10 trillion in CD's. Finally you have M3 that covers stocks, bonds, large company deposits, and retirement accounts and this might be another $50 trillion or so. So, do you say $160 trillion in our example is enough? sure maybe for that day. But, wait those bonds mature at different rates and you've declared that you only going to let banks operate with enough cash to pay for everything that some time (n) in the near future? So, if that $60 trillion in bonds, cds, T-Bill's, Stocks and Retirement Funds wants to grow-- you're going to need more money- otherwise it is pointless paper and the economy is stuck with $160 Trillion Dollars.

What happens is called a Deflation Spiral-- so, your economy cannot grow beyond your fixed amount of $160 Trn USD--- that means salaries plummet, interest rates turned to zero because no one can pay them, banks fail because they cannot pay salaries since that it is what interest rates partially pay, banks cannot loan out money because they have to pay salaries instead of making loans with that money, business collapse because they cannot expand and sell stock no money for it. And soon your economy is in spiraling state of decline.

And when it finally recovers it can never GROW! You've literally promoted a steady state economy that only has one pressure downward.
 
FelixstoweF.2 said:
I thought all of you were for the growing vibrant capitalist economy???? What do you think would happen to money if you suddenly said the M1 money supply all liquid currency cash assets were frozen at some arbitrary number say $100 trillion dollars. Now because you're M1 supply is fixed at $100 trillion you new problem is that doesn't account for CD's like M2 does. So you might have another $10 trillion in CD's. Finally you have M3 that covers stocks, bonds, large company deposits, and retirement accounts and this might be another $50 trillion or so. So, do you say $160 trillion in our example is enough? sure maybe for that day. But, wait those bonds mature at different rates and you've declared that you only going to let banks operate with enough cash to pay for everything that some time (n) in the near future? So, if that $60 trillion in bonds, cds, T-Bill's, Stocks and Retirement Funds wants to grow-- you're going to need more money- otherwise it is pointless paper and the economy is stuck with $160 Trillion Dollars.

What happens is called a Deflation Spiral-- so, your economy cannot grow beyond your fixed amount of $160 Trn USD--- that means salaries plummet, interest rates turned to zero because no one can pay them, banks fail because they cannot pay salaries since that it is what interest rates partially pay, banks cannot loan out money because they have to pay salaries instead of making loans with that money, business collapse because they cannot expand and sell stock no money for it. And soon your economy is spiraling state of decline.

And when it finally recovers it can never GROW! You've literally promoted a steady state economy that only has one pressure downward.
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:lmao:
 
Provience said:
:lmao:
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I see you don't read about economy theory much... The first article isn't the best but the part about Japan's lost decade is exactly what your magical monetary policy would create.

www.thebalancemoney.com

Japan's Lost Decade: A Brief History and Lessons Learned

Learn about the causes and ramifications of Japan's lost decade, as well as some lessons to be learned from the country's economic turmoil.
www.thebalancemoney.com www.thebalancemoney.com

www.forbes.com

What Is Deflation? Why Is It Bad For The Economy?

When prices go down, it’s generally considered a good thing—at least when it comes to your favorite shopping destinations. When prices go down across the entire economy, however, it’s called deflation, and that’s a whole other ballgame. Deflation is bad news for the economy and your money. Defla
www.forbes.com www.forbes.com
 
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Projectjunkie said:
You can get way upside down buying at the wrong time, in 20 or 21 I met a couple that were selling their house, they had bought at the previous peak, 2009, and had been upside down for 12 years, zero equity, unable to move, unable to refinance, 12 years of payments, repairs and maintenance, and nothing to show for it, just the ability to leave without bankruptcy:eek:
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I’m sorry, but something fishy here. The peak was not in 2009. That was the peak of the recession. The peak of the market was 2007 -2008. Believe me, I know. I bought over $400 K of property. By 2009 I was upside down. I wasn’t terribly upside down because I put giant down payments. Of course, that ment I just lost that money if I sold. By 2013 most property was back to 2008 prices. By 2015, they were above. Hmmm, did I mention the 7 year thing?

Don’t believe me, a couple clicks on your favorite search engine will confirm what I say.
 
How many people are sitting on cash waiting for the “crash” ?

I know 1 person that cashed out at peak prices and has been living in a camper and waiting. Doesnt look like prices have even came down all that much. I guess its the roll of the dice and no one has a crystal ball. Maybe it will work out for them. But as of right now they couldnt even buy what they had and be in a better position.
 
WaterH said:
I’m sorry, but something fishy here. The peak was not in 2009. That was the peak of the recession. The peak of the market was 2007 -2008. Believe me, I know. I bought over $400 K of property. By 2009 I was upside down. I wasn’t terribly upside down because I put giant down payments. Of course, that ment I just lost that money if I sold. By 2013 most property was back to 2008 prices. By 2015, they were above. Hmmm, did I mention the 7 year thing?

Don’t believe me, a couple clicks on your favorite search engine will confirm what I say.
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I had blind luck on my side. I will be the first to admit it. Purchased a house low after the recession and sold high as fawk. All by no credit to myself. Just lucky timing
 
FelixstoweF.2 said:
Your literally advocating the destruction of the vibrant capitalist system you claim to support...This is hysterical.
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involuntary theft by money printing is involuntary
therefore what you're beating your meat over 'destroying' is not capitalism

nobody but you is trying to prove anything, it's really unseemly
 
FelixstoweF.2 said:
Image 2-29-24 at 12.42 PM.jpeg


Your literally advocating the destruction of the vibrant capitalist system you claim to support...This is hysterical.
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There's absolutely nothing capitalistic about a central bank controlling monetary policy for a currency backed by nothing.
 
east_beast said:
It's been a steady climb UP around here. Bought my property for $380k three years ago. Valuing at $600k currently.
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You are a rat and you occupy a space that all the other rats realize is going to be one of the last to get wet as the ship sinks.
 
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