It’s a benchmark of the average single-family home price in the U.S. Well, it would look like an explosion in the value of the asset that’s priced in those dollars.īelow we look at the Case/Shiller Index. Over the last several decades, as our reckless government has printed more and more dollars, giving away more and more entitlements, weakening the purchasing power of the dollar, what if it isn’t so much the value of the real estate changing, but the dollar itself?
So, when a home price rises or falls, that reflects movement in the value of the home itself, since the good ol’ dollar is as enduring as an oak tree.īut as a thought experiment, let’s switch this… The dollar is the sturdy, fixed point in this comparison. The unspoken implication is that what’s changing is the inherent value of the real estate. When we think about price, we think about the value of an object – say, real estate – manifested in dollars. Trace their source to the corruption of our money. If you’ve been watching the bizarre episodes of the past few years and had the sinking feeling that things just don’t seem “right” in America, please read on.Īll the frauds… all the financial grotesqueries… all the bitter political fighting… all the despair people feel… all the rioting and stealing… all the inflation… Our InvestorPlace CEO Brian Hunt recently wrote about this in an email to a handful of department heads:Īmerica has been corrupted by a mushrooming government that constantly manipulates our money and continually inflates the money supply. Put all of it together, and that 36% drop in Social Security buying power since 2000 is only going to get much, much worse. Our politicians (on both side of the aisle) are unwilling to stop spending… the demands for “free stuff” from our citizenry grow louder and louder… and the world is pivoting away from using the dollar as its reserve currency… The purchasing power of your savings is on a collision course with disaster It’s critical to know what this course is, and where it takes us. Unfortunately, regardless of whatever disinflation we see over the next 12 months, the big-picture, macro variables that are charting our nation’s course won’t change at this point. If we analogize inflation to a raging forest fire, our government is much more so the arsonist rather than the firefighter. citizen thinks of the Fed as “fighting the good fight” against inflation, the reality is far different. That was almost four times as much new money as had been created during the two years that preceded the pandemic…Īnd while the average, uninformed U.S. the central bank’s emergency remedies increased the nation’s money supply by an astonishing 40 percent. Today, as we grapple with the remnants of the worst bout of inflation in 40 years, let’s remember how we got here. Sure, other variables impact inflation, but at the end of the day, its formula is simple: too many dollars sloshing around the system, chasing too few products/services.Īnd where do “too many dollars” come from? I’m laying blame at the feet of our government because inflation – which is behind this drop in purchasing power – is a government-created problem.
The buying power of Social Security has dropped 36% since 2000, meaning that the oldest adults who retired before 2000 would need more than $500 a month extra just to maintain the same level of buying power.
Speaker of the House Kevin McCarthy said “I don’t think there’s enough progress for the leaders to get back together.”īut while you likely saw this headline, yesterday brought another example of our government’s policy ineptitude you probably missed. The partisan bickering and general incompetence of our politicians is on display this morning.Ī meeting between President Biden and congressional leaders intended to find a solution to the debt ceiling issue has been postponed. Social Security purchasing power has collapsed … the value of the dollar keeps sliding … why things will only get worse … this is the big story to prepare yourself for
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