by Ilya the Bat <ibshambat2004@[EMAIL PROTECTED]
>
Apr 19, 2008 at 08:42 PM
On Apr 16, 4:03=A0pm, "Rod" <rodrodrod...@[EMAIL PROTECTED]
> wrote:
> <ibshambat2...@[EMAIL PROTECTED]
> wrote in message
>
>
news:3630c879-de2a-4846-9e4e-480643628825@[EMAIL PROTECTED]
>
> > When a country suddenly gains more money than it has had in the past,
> > there are two paths that it can take. One is known as economic growth
> > - of money being invested into producing real wealth. The other is
> > known as inflation - of things becoming more and more expensive, the
> > money losing its value, and the gain being squandered.
>
> Can spend it on im****ts as well.
Or rising house prices. This is what they did in America after the dot-
com crash. Economic well-being did not increase; the prices of homes
did. And now - surprise, surprise - there's a big housing crisis as
housing prices are coming down and people find themselves owing big
money and unable to sell their property.
