We have been growing M3 and M2 by leaps and bounds since we inflated our way out of the REOS trust Crisis.

That leaves inflating their way out of the mess.

You know that they can not be inflated with all the fear and over corrections that the banks are doing now.

That what it is bought for is the "current value" Than a wholesaler has to over inflate the price to create a new "current value"?

But, as in the past, there are many voices and opinions out there.Are we in for inflation?

"To be frank, since the TARP money came in, they are still selling off (properties at auction), but they kind of took a step back." . . .Real Estate Disposition LLC (REDC), which claims to be the nation's largest real estate auction company, held 300 ballroom auctions in 2008 and sold nearly 33,000 foreclosed homes for $3.4 billion -- a seven-fold increase in sales volume and nearly triple the proceeds the company generated in 2007.Company CEO Jeffrey Frieden said he expects to "smash that record" this year as banks and lenders continue to amass a huge inventory of foreclosed homes and are more motivated than ever to sell their inventory. . . .Some observers fear that if the massive amount of debt the government is taking on to stimulate a recovery, inflation -- and higher interest rates -- are inevitable consequences.

Denver didn't experience nearly as much runup as other locations, and prices are now only about 13% above the 1/99 value adjusted for inflation.

I'd look at the Case Shiller home price data and compare that to inflation.

Perhaps unload it during inflation/hyperinflation, pay off all mortgage debt and start free and clear for the new dollar, amero, or whatever the next more global currency will be.

We won't know until Q2 2011.One party rule, and the Dems approach of tax & spend, we haven't even begun to see the the consequences of the devaluation of the dollar and high unemployment and inflation that took place during the 70's.