if you know anything about economics at all, you would find your argument amusing. the real economy is not a zero sum game. more money printed may not necessary dilute the existing dollar supply. it is a more complicated problem and require a more extensive study other than watching a few video on youtube. any decent economist would know that many of the youtube video are inaccurate to brainwash the ignorant messes. i suggest you go to school before attempting to comment.
The current financial system is based on a fiat based currency it is money that is based on the decree of the Government 'promise' and not on anything tangible. The only thing that drives the value of the dollar is the number of dollars in existence. The more dollars printed means that each dollar is worth less because it steals value from every other dollar in existence. Check out Paul Grignon's - "Money as Debt" video. You have some glaring holes in your knowledge.
I just realised that I used the word "based", three times in the same sentence. You know what I mean. Also, in regard to your supply/demand comment, there is a huge over supply in housing in America. I appreciate the reply but you have proven the point that you really don't understand what is happening at the moment. Watch the video that I suggested before commenting back because if you don't understand how money is created then you will never realise just how far off base your beliefs are.
House prices are definitely going to go down during this coming depression.
However, even if the dollar price in nominal terms may go up over time... the purchasing power of your dollar will lose value faster than any appreciation in house prices. If you don't realise that, then you should change your nickname from princeofstockmarket to pauperofstockmarket.
what you said is incorrect. it's a simple supply and demand problem. more money printed with everything else the same = higher the price of housing and everything else. the reason is housing supply is relatively stable in comparison to the supply of money, mainly US dollar, as of today. at the rate the printing presses running, you will see a higher inflation rate. therefore prices will go up in the long run. unless the US government can absorb the excess liquidity, which is very unlikely.
and i suggest you go to school and learn how to spell
infantserbian 2 years ago
if you know anything about economics at all, you would find your argument amusing. the real economy is not a zero sum game. more money printed may not necessary dilute the existing dollar supply. it is a more complicated problem and require a more extensive study other than watching a few video on youtube. any decent economist would know that many of the youtube video are inaccurate to brainwash the ignorant messes. i suggest you go to school before attempting to comment.
princeofstockmarket 2 years ago
No. You are mistaken.
The current financial system is based on a fiat based currency it is money that is based on the decree of the Government 'promise' and not on anything tangible. The only thing that drives the value of the dollar is the number of dollars in existence. The more dollars printed means that each dollar is worth less because it steals value from every other dollar in existence. Check out Paul Grignon's - "Money as Debt" video. You have some glaring holes in your knowledge.
lokir 2 years ago
I just realised that I used the word "based", three times in the same sentence. You know what I mean. Also, in regard to your supply/demand comment, there is a huge over supply in housing in America. I appreciate the reply but you have proven the point that you really don't understand what is happening at the moment. Watch the video that I suggested before commenting back because if you don't understand how money is created then you will never realise just how far off base your beliefs are.
lokir 2 years ago
inflation is going to make house prices go up over time. what's the big deal? even if prices go down for a while, it will eventually go up again.
princeofstockmarket 2 years ago
House prices are definitely going to go down during this coming depression.
However, even if the dollar price in nominal terms may go up over time... the purchasing power of your dollar will lose value faster than any appreciation in house prices. If you don't realise that, then you should change your nickname from princeofstockmarket to pauperofstockmarket.
lokir 2 years ago
what you said is incorrect. it's a simple supply and demand problem. more money printed with everything else the same = higher the price of housing and everything else. the reason is housing supply is relatively stable in comparison to the supply of money, mainly US dollar, as of today. at the rate the printing presses running, you will see a higher inflation rate. therefore prices will go up in the long run. unless the US government can absorb the excess liquidity, which is very unlikely.
princeofstockmarket 2 years ago