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Richard Green is a professor in the Sol Price School of Public Policy and the Marshall School of Business at the University of Southern California. This blog will feature commentary on the current state of housing, commercial real estate, mortgage finance, and urban development around the world. It may also at times have ruminations about graduate business education.
3 comments:
As long as the People's Bank of China feels the need to support the renembi within a fairly tight band, then I think the demand curve for US treasuries will continue to be pretty close to elastic.
China et al create new renminbi to purchase dollars, which causes domestic inflation. China et al can only extract so many resources from their citizens via money expansion induced inflation. At some point, Zimbabwe like inflation will destroy their economies. Many foreign citizens are already getting tired of inflation reducing their standard of living just to support US borrowing.
Dave lindahl scam review that the real estate investment that involves purchasing a less comfort property, well enhance its value through physical updates and then promote it at a higher rate than the purchase rate can fill your pocket tremendously.
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