@coloradotravis Awesome thread, but my understanding of this point is the reverse. I though that as more dollars enter the system they deflate. (more dollars are chasing the same assets, so the assets get bit up; dollars buy fewer assets or deflate).
@SteveSaretsky I'm not sure I understand. Aren't the banks uninsured mortgages higher quality? They dont need insurance because they were purchased with more equity.
If you're a drum, You want to be beaten. If you're a cake, You want to be eaten. If you're a poet, You want to be read. If you're an ego, You want to be fed. Just tell me thing, and answer me true. In the depths of your soul, in your heart, What are you?
Drew Queen of Hay River gets a warm welcome from his wife Stephanie McCabe and their children Colin and Isobel in Hay River after riding in YK2HR - endurance bike ride from Yellowknife to Hay River. 500 km.