Current Events — HabitableZone

Current Events » in reply to "Pray for Inflation--It's Our Only Hope"

Re: Re: Re: Inflation

One more point: How many assets can you think of where you get much more than the inflation-adjusted value when you sell it? Cars? Not unless you own some kind of collectors item. Houses, sort of. But over long periods of time, aside from "bubbles" like the recent one, prices have been pretty stable.

The "pretend it's money" crap that was responsible for much of the financial upheaval was based on the myth that houses were actually increasing that much in real value. Like tulip bulbs.

http://www.newfinancialwisdom.com/wp-content/uploads/2008/09/median_home_prices_inflation_adjusted.jpg

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