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It is something that was already seen coming, the dollar has been devalued and its purchasing power is no longer the same.
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0 sats \ 0 replies \ @senf 1 Jul
It's both.
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It is crazy to think, one day an entry level home in an okay part of town will cost upwards of $1M. This is closer than we think!
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100% true. And they will mislead you by telling you other things. Stock market being up, job market thriving. All of these things to distract you from the truth.
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Actions by the Federal Reserve, such as quantitative easing, can increase the supply of dollars in the economy, potentially reducing its value
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Property will always get expensive in a fiat system. Asset prices like houses go up as rich people use it as a store of value. But yeah in essence the dollars are being debased.
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