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Gold for House? (lemmy.ca)

submitted 5 months ago by [email protected] to c/[email protected]

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It's all about the money supply. The devalued our money so workers think they were making more to avoid a communist revolution.

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[–] Anticorp 5 points 5 months ago (1 children)

The price of gold has kept up with inflation. Same amount of gold required in both periods.

[–] EmpathicVagrant 2 points 4 months ago

Yet house prices have not. The price of housing, let alone homes, has outpaced inflation and wages not too gradually for half a century now.