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July 5, 2013
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Letters to the editor for Friday, July 5, 2013

Wealthy manipulate stock market Carol Perry gave us some food for thought in her column June 23. Add Ron Wood’s interest and inflation vs. real gross domestic product and cost of living argument, and it makes for an interesting stew. Perry notes how real estate values are again on an “unrealistic course,” she says for lack of inventory. How can there be a shortage of properties when we’ve lost to foreclosure? Her observation is that the “super-rich” prosper most in post-recession periods. Banks were never willing to renegotiate loans. Mortgages were repackaged and sold to those who could afford them, …

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The Nevada Appeal Updated Jul 5, 2013 12:55AM Published Jul 5, 2013 12:55AM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.