winners and losers under hyperinflation in Germany

Discussion in 'Economics' started by zdreg, May 27, 2010.

  1. Mr Pain

    Mr Pain

    Wasn't the Fed buying them?
     
    #21     May 27, 2010
  2. Not quite as good, but here is a 4 floor in detroit for less than 17oz of gold($20k) It has 60 units. After hyperinflation, you might get it for 1 oz of gold.

    http://www.loopnet.com/xNet/MainSit...?LID=16546309&SRID=918329941&StepID=101&jli=y

    You might have to subscribe to view that, so here is a pic if you dont want to.

    [​IMG]
     
    #22     May 27, 2010
  3. NumLock

    NumLock

    freakin unbelievable that's a good size solid building
     
    #23     May 27, 2010
  4. In April 2010 China increased its holdings. So obviously they are not to the breaking point yet.
     
    #24     May 27, 2010
  5. NumLock

    NumLock

    Kass my "dear" and "valued" friend

    Would you care to comment on your view of FED bank notes and interest attached to every dollar printed.

    Please go on record so that we may finally establish if you are a Government/AIPAC paid shill.
     
    #25     May 27, 2010
  6. NumLock

    NumLock

    Kass would it help if I told you I am Jewish and that this is one Jew asking another.

    Just between us (wink wink)
     
    #26     May 27, 2010
  7. Maybe. If nobody else has money to utilize the hotel, what good is it to the fortunate buyer? What about taxes and upkeep?

    But yes, there will be a very few who own enough of the right things coming out the other side who will be in good shape. But if only .1$ or .001% of the people have money "nearly" all citizens are bankrupt.
     
    #27     May 27, 2010
  8. Rent the rooms out at $25 per week and the building pays for itself in about 4 months. Inside needs a little work though...

    [​IMG]

    [​IMG]
     
    #28     May 27, 2010