Tom Mazanec's Topic

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Tom Mazanec
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Re: Tom Mazanec's Topic

Post by Tom Mazanec »

Hyperinflation Will Help Bring the World Back to Reality.
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maneco64
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https://www.youtube.com/watch?v=54T4CDyL2ZY
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
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Re: Tom Mazanec's Topic

Post by Tom Mazanec »

https://www.youtube.com/watch?v=op74Ea21E0Q

The Price Increases Of 2022 Will Be More Painful Than Anything We Have Experienced Before
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Epic Economist
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“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
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Re: Tom Mazanec's Topic

Post by Tom Mazanec »

Furniture giant IKEA raises prices as supply chain woes persist
https://www.cnbc.com/2021/12/31/furnitu ... rsist.html

How Biden's Agenda Is Causing Inflation
https://reason.com/video/2021/12/30/how ... inflation/

An Inflation Outlook for the US Dollar in 2022
https://mises.org/wire/inflation-outlook-us-dollar-2022
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
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Re: Tom Mazanec's Topic

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https://www.youtube.com/watch?v=u57FxqWAv9s
THIS is how inflation ends - Jeff Booth
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The Jay Martin Show
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
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Re: Tom Mazanec's Topic

Post by Tom Mazanec »

The Last Great Inflation
Much of what caused the inflation of the 1970s is repeating
Milton Ezrati
Milton Ezrati
December 31, 2021 Updated: December 31, 2021
https://www.theepochtimes.com/the-last- ... =ZeroHedge
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
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Re: Tom Mazanec's Topic

Post by Tom Mazanec »

Wage and Price Controls are Coming with George Gammon
December 28, 2021
https://www.financialsurvivalnetwork.co ... ge-gammon/

'cause that worked out so well for Tricky Dick...
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

thomasglee
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Re: Tom Mazanec's Topic

Post by thomasglee »

I noticed something interesting this weekend. Saturday, I used Realtor.com to get an idea of what "they" say my current home is valued at. Saturday the valuation came back at just under $500K. This morning I looked, just out of habit, and it says my home is valued at $250K. Sure, it might just be an algorithm issue, or it may be that they're baking in an expected coming collapse in the housing market.
Psalm 34:4 - “I sought the Lord, and he answered me and delivered me from all my fears.”

John
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Re: Tom Mazanec's Topic

Post by John »

** 04-Jan-2022 World View: Real estate valuations
thomasglee wrote:
Tue Jan 04, 2022 11:57 am
> I noticed something interesting this weekend. Saturday, I used
> Realtor.com to get an idea of what "they" say my current home is
> valued at. Saturday the valuation came back at just under $500K.
> This morning I looked, just out of habit, and it says my home is
> valued at $250K. Sure, it might just be an algorithm issue, or it
> may be that they're baking in an expected coming collapse in the
> housing market.
I'm trying to figure out how this is even possible. It must be an
anomaly related to the end-of-month/year transition. Residential
valuations are determined by comparable neighborhood sales, so
something happened in your neighborhood. It may be, for example, that
some nearby home that sold for $500K six months ago suddenly was too
old to be counted as a valid recent comparable sale, and so their
algorithm just used more recent sales. Still, going from 500K to 250K
is very hard to believe. Most likely, it's a bug in their software.

Of course, that doesn't tell you how much your home is actually worth.
You might want to ask a local real estate broker what's going on.

Cool Breeze
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Re: Tom Mazanec's Topic

Post by Cool Breeze »

Tom Mazanec wrote:
Tue Jan 04, 2022 10:18 am
Wage and Price Controls are Coming with George Gammon
December 28, 2021
https://www.financialsurvivalnetwork.co ... ge-gammon/

'cause that worked out so well for Tricky Dick...
It looks like this is the case with the recent Sleepy Joe comments.

Someone predicted he would die this year "from Covid". Not a bad prediction.

thomasglee
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Joined: Tue Feb 23, 2010 11:07 pm
Location: Texas

Re: Tom Mazanec's Topic

Post by thomasglee »

John wrote:
Tue Jan 04, 2022 12:20 pm
** 04-Jan-2022 World View: Real estate valuations
thomasglee wrote:
Tue Jan 04, 2022 11:57 am
> I noticed something interesting this weekend. Saturday, I used
> Realtor.com to get an idea of what "they" say my current home is
> valued at. Saturday the valuation came back at just under $500K.
> This morning I looked, just out of habit, and it says my home is
> valued at $250K. Sure, it might just be an algorithm issue, or it
> may be that they're baking in an expected coming collapse in the
> housing market.
I'm trying to figure out how this is even possible. It must be an
anomaly related to the end-of-month/year transition. Residential
valuations are determined by comparable neighborhood sales, so
something happened in your neighborhood. It may be, for example, that
some nearby home that sold for $500K six months ago suddenly was too
old to be counted as a valid recent comparable sale, and so their
algorithm just used more recent sales. Still, going from 500K to 250K
is very hard to believe. Most likely, it's a bug in their software.

Of course, that doesn't tell you how much your home is actually worth.
You might want to ask a local real estate broker what's going on.
More than likely it's just an anomaly (glitch). Zillow still shows it in the same range as last week.
Psalm 34:4 - “I sought the Lord, and he answered me and delivered me from all my fears.”

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