the ultimate nightmare ..., page-19

should be good for Riets exposed to the US market. now will mean current loans Riets have in $US will be devalued as inflation takes a hold in next couple of years, and construction costs will also escalate creating a property shortfa;; pushing down cap rates , plus mark to market hedges will go positive which is good for the balance sheet


But if they only print enough to balance agianst bank lossses then its unlikely to be unleased on the market as inflation trouble is have they enough sense to put a lid on the amount they print ?
China wont like it either way.