Real Estate and Inflation in Vancouver What Mike Stewart is going to do
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interesting video...i have been debating in my mind whether inflation or deflation is in our futures...as of right now i am in the deflation camp as although there is seemingly great stimulus by gov'ts, it is the lack of the velocity of money that curtails this inflation...but as you point out, this could quickly change in the near future, and if so, your strategy may be a good one. Thanks for your video and investment ideas. Cheers. Ian.
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Hi Ian,
Good to hear from you and thanks for commenting!
I was concerned about deflation late last year, but now I am more worried about inflation particularly because the Pandora's box of huge gov't spending has been opened. I think elected officials will find it very difficult to close that box, because of the influence this spending will have on the ballot box.
What are your thoughts?
Mikestewartrealtor 2 years ago