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 2022: The Year In Review, And Burning Of Bridges
Burya_rubenstein 2k posts, incept 2007-08-08
2022-12-29 16:15:33

Quote:
China did something worse: They printed condos instead of pure money; now, 22%+ sit empty.

Why is this worse than printing money? Condos have a utility value; you can live in one. (Though houses, or nuclear power plants, would have been better.)

One of my long term desires is 99.99995% across-the-board price DEflation (whilest I hold on to a single dollar).

(The important thing about a pile of money is how much stuff it can buy.)
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