tag:blogger.com,1999:blog-673213375333149307.post4305631711015371706..comments2023-07-03T05:06:51.003-07:00Comments on The Realty Buzz: Peter Schiff on the EconomyPropertyQwest.comhttp://www.blogger.com/profile/07861345155365974883noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-673213375333149307.post-1118009527680601792009-01-14T16:35:00.000-08:002009-01-14T16:35:00.000-08:00Hi Richard,I'm not an economist but from our vanta...Hi Richard,<BR/><BR/>I'm not an economist but from our vantage point, I largely agree with what you've said especially:<BR/><BR/>"The fed poured in capital and caused the bubble along with poor governance by the banks with the giving away of money"<BR/><BR/>Printing more money to fix a printing of too much money problem. Hmmm.<BR/><BR/>Time will tell.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-673213375333149307.post-46136742329543659772009-01-14T15:58:00.000-08:002009-01-14T15:58:00.000-08:00I think Peter is right on as to intervention and t...I think Peter is right on as to intervention and the creation of a bubble in real estate.<BR/>In 2001 the market was in a correction from the stock market bubble, then 9/11. The fed poured in capital and caused the bubble along with poor governence by the banks with the giving awaqy of money. This has created a deeper decline this time. The governments intervention again may back fire as Peter said due to the dollar printing. A decline in the dollar will deter the intervention.<BR/>RichardAnonymousnoreply@blogger.com