written by reader anyone with experience with dan amerman?

by sletteer | November 7, 2011 9:01 pm

his ”turning inflation into wealth” series seems really smart to me. i have wracked my brain for his strategy but all i can think of is real estate[1] and gold[2]. i can’t afford him , or i would spring for it, does anyone know how his ideas are doing or even what they are?
sl

Endnotes:
  1. real estate: https://www.stockgumshoe.com/tag/real-estate/
  2. gold: https://www.stockgumshoe.com/tag/gold/

Source URL: https://www.stockgumshoe.com/2011/11/microblog-anyone-with-experience-with-dan-amerman/


5 responses to “written by reader anyone with experience with dan amerman?”

  1. John O'Connell says:

    I’ve read lots of his free stuff, but haven’t signed up either. The gist of it is that inflation transfers wealth from creditors to debtors, so take out a big fixed-rate loan and pay it off later with depreciated dollars. Residential real estate more or less follows the general price level, so that’s as good a collateral as any for your loan. I don’t know if he thinks the bottom is in just yet, but he says the best time to do it is not at the bottom, but slightly after, in terms of your total real return.
    However, I’m also reading up on MMT, Modern Monetary Theory. The gist if that is that there can be no real inflation unless the economy is at full employment, and that budget deficits are necessary to offset the desire of the world to save dollar-denominated assets; and in fact even the recent massive deficits have been too small, as evidenced by the persistent high unemployment. If MMT is right, then the massive inflation that Ammerman expects will not happen. I think the very good results of owning a house with a mortgage during my lifetime are due mostly to demographics, and won’t be repeated soon, maybe never. I’m in wait and see mode.

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