Stocks going up...Calm before the storm or actually getting through this?

Wall Street climbs as S&P 500 has best week since 1974

www.theaustralian.news.com.au...

The injection into the market is another fatal blow and will allow the insiders to suck more cash out of America.

Congress, allowing the financial system to fail, is proving to be the whore, the Bush administration, their pimp.

While our representatives' collective demeanor suggests that they are in hypnotic regression behaving as lost children, these corrupt, glassy-eyed representatives continue hoping beyond hope that by passing every piece of legislation solicited by the corporate and elitistic congressional puppet masters, they are self obsessed accessories to criminal and immoral acts, felonies and misdemeanors, continually letting their greed and lack of ambition fester like a puss-filled gangrenous and malignant tumor, creating Never-Never Land Fantasy Rainbow debt as the recent bailout and corporate spoils have corrupted them absolutely.

Still clinging to the misguided concept that, recovering from this 7-13 trillion dollar deficit (depending who you ask and what they count), will come to pass, The Nephelim will adjust the bubbles and stablize the economy without need of Congress to conjure 'nary a thought.

Biased legislation fed by the FED. and hailed as treasure by the Treasury,
is the final battle of PsyOps Methodology resigning all of Congress to follow as they were told to, which they now do optomistically, repeatedly. Screwing their constituents, oblivious to the arcanum, as intended by the unprecidented corrupt war against the Republic of The United States Of America, waged upon it's citizens, executed by the Bush Administration and their Corporate butt-buddies.

The achievement? Destroy the American Republic, Shred the Constitution, and Monetise the Market by rewarding the embesslement of workers retirement funds, Investors, shareholders, the elderly and the rest of us through treason-like acts followed by thub-nosing, by the same insane deviates, symbolically wallowing in their superficial impunity. Nervous are these giggling lunatics, twitching uncontrollably, delusions of grandure possess them. As psychotic ecstasy fills them with evil, their power introverts because they are compelled to assume god complexory self-idolic stature. They are but voyers to the final doom.

Originally posted by Res Ipsa
Now as a person with $125,000 in student loans and not an assest in the world....don't I want inflation big time?

Inflation would help you with your debt but the best scenario would be to have large assets to go along with large debts. If you went out now and got a 30 year fixed rate mortgage on a $500K home, the inevitable inflation would drive up the value of the home and drive down the cost of your debt at the same time. Let's say you're earning 5K per month and it takes 3K per month to service the mortgage and student loans. With rapid inflation you could see your income double and your (fixed rate) debt remain the same, while your asset value grows at the rate of inflation. You can very quickly end up with 75% equity in a house valued at $1 Million and only 20% of your income needed to service your debt.

I've lived through double digit inflation and owned 3 homes before I was 35, simply because I bought a plot of land for $6K at the beginning and kept rolling that equity over into new properties every few years. Not flipping houses, just moving up like most people do every 5 years or so.