Bank Of America WARNS Of "Transitory HYPER-INFLATION." Stock Market Hits NEW Record Highs. Mannarino
From Greg M
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Watch this
https://www.youtube.com/watch?v=HVZt26U8YWA&ab_channel=WFSB3
I think govt. plan is crush the mom and pop landlords and give the rein to Blackstone type
https://www.wsj.com/articles/blackstone-bets-6-billion-on-buying-and-renting-homes-11624359600
So this is the trend. This tells me this was the last eviction moratorium. Blackstone will twist govt.'s arm if they tried the same gimmick on Blackstone's property.
So should we buy more houses ? No more rent moratorium in the future ? Blackstone types will make a killing because mom and pop types are out
STOLEN FROM INTERNET
Inflation works as long as the housewife thinks:
“I need a new frying pan badly. But prices are too high today; I shall wait until they drop again.” It comes to an abrupt end when people discover that the inflation will continue, that it causes the rise in prices, and that therefore prices will skyrocket infinitely. The critical stage begins when the housewife thinks: “I don’t need a new frying pan today; I may need one in a year or two. But I’ll buy it today because it will be much more expensive later.” Then the catastrophic end of the inflation is close. In its last stage the housewife thinks: “I don’t need another table; I shall never need one. But it’s wiser to buy a table than keep these scraps of paper that the government calls money, one minute longer.'
- Ludwig von Mises - Theory of Money and Credit