Subject:
Paul Johnson Paul Bede Johnson (born 2 November 1928 in Manchester, England) is an English Roman Catholic journalist, historian, speechwriter and author. He was educated at the Jesuit independent school Stonyhurst College, and at Magdalen College, Oxford. Johnson first came to prominence in the 1950s as a journalist writing for, and later editing, the New Statesman magazine. A prolific writer, he has written over 40 books and contributed to numerous magazines and newspapers. Whilst associated with the left in his early career, he is now a prominent conservative popular historian. His son is the prominent journalist Daniel Johnson, founder of Standpoint. (Wikipedia Feb 2010)
Arguments for inflation
By John Schroy, on March 13th, 2009 | 
This article is in response to a reader’s comment as to the future of US housing prices. Specifically, whether residential prices will rise 30% by August 2015. I argue that this is essentially a question as to whether the Obama administration will lead to continued deflation or a return of inflation.
I present a series of arguments for predicting inflation and consequently the revival of residential real estate prices by 2015. Basically it comes down to the declining political fortunes of Barack Obama intersecting with the excessive spending habits of the Pelosi-Reid Congress.
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