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    NEETzsche (neetzsche@iddqd.social)'s status on Thursday, 04-Apr-2024 01:51:45 JST NEETzsche NEETzsche
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    They don't have any of them locked down, though. House prices on aggregate have consistently gone up. Stonks have consistently gone up. Gold has consistently gone up. Even the 2008 financial crisis stymied that nominal growth barely for less than a decade. And it's all due to inflation. It's not that these houses, stonks, and gold are more valuable, it's that the money used to buy them is less valuable.

    In conversation Thursday, 04-Apr-2024 01:51:45 JST from iddqd.social permalink
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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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