http://sunprairierealestate.wordpress.com/2007/09/18/interest-rates-cut-by-the-fed/ Info On Sun Prairie Real Estate From Edyn Real Estate Sat, 22 Sep 2007 18:24:33 +0000 http://wordpress.com/ hourly 1 http://sunprairierealestate.wordpress.com/2007/09/18/interest-rates-cut-by-the-fed/#comment-7 edynrealestate Sat, 22 Sep 2007 18:24:33 +0000 http://sunprairierealestate.wordpress.com/2007/09/18/interest-rates-cut-by-the-fed/#comment-7 Ames, Thanks for the comment. Did you write this in the dark with a flashlight shining on your face? Thanks for the horror story. Highly doubt your vision of the future there though Nostradamus. It is impossible for home prices to decline for 10 straight years, unless... the decline is .01% a year. Ames,
Thanks for the comment. Did you write this in the dark with a flashlight shining on your face?
Thanks for the horror story.
Highly doubt your vision of the future there though Nostradamus.
It is impossible for home prices to decline for 10 straight years, unless… the decline is .01% a year.

]]> http://sunprairierealestate.wordpress.com/2007/09/18/interest-rates-cut-by-the-fed/#comment-6 Ames Tiedeman Sat, 22 Sep 2007 18:09:37 +0000 http://sunprairierealestate.wordpress.com/2007/09/18/interest-rates-cut-by-the-fed/#comment-6 In the U.S. interest rate are going lower, Gold is going higher, Oil is going higher, inflation is going higher, the dollar is going lower. What is wrong with this? Everything! At some point the FED is going to have to raise rates bigtime. We are in a very, very, precarious situation at the moment. I think Gold will tripple to over $2,000 an ounce when the market finally wakes up and sees the real inflation. Last I checked a lower dollar = higher import prices. There is no inflation deflator here. With commoditioes on fire you can forget about that. Bernanke should have never lowered rates last week. However, the Fed might be doing something that few have talked about. Maybe the Fed has abandoned the dollar to crush the trade deficit. Good luck, it will take 20 years to correct our 6% of GDP trade deficit and move it back to under 1% of GDP, unless you want to seriously disrupt the global economy. We are in for tough times people. Very tough! The FED will not be able to save housing with lower rates. We are in for a 10 year decline in home prices. It is called a cycle! In the U.S. interest rate are going lower, Gold is going higher, Oil is going higher, inflation is going higher, the dollar is going lower. What is wrong with this? Everything! At some point the FED is going to have to raise rates bigtime. We are in a very, very, precarious situation at the moment. I think Gold will tripple to over $2,000 an ounce when the market finally wakes up and sees the real inflation. Last I checked a lower dollar = higher import prices. There is no inflation deflator here. With commoditioes on fire you can forget about that. Bernanke should have never lowered rates last week. However, the Fed might be doing something that few have talked about. Maybe the Fed has abandoned the dollar to crush the trade deficit. Good luck, it will take 20 years to correct our 6% of GDP trade deficit and move it back to under 1% of GDP, unless you want to seriously disrupt the global economy. We are in for tough times people. Very tough! The FED will not be able to save housing with lower rates. We are in for a 10 year decline in home prices. It is called a cycle!

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