Sunday, December 28, 2008

Bismark was right. There is nothing better than owning trees.

So, with real estate prices returning to historically normal levels, the ratio between the cost of, say, a restaurant meal and and the cost of an acre of land in Alabama has doubled, so the relative value of money, judged against major purchases is a cause of consumer deflation.

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home